Use

In the back-office area, you process and settle transactions that were entered in the trading area.

Features

As in trading, the back-office functions also enable you to call up information on existing transactions or make retrospective changes. Using the Settlement function , you can monitor and check financial transactions. This enables you to add missing data, such as payment instructions or posting specifications. When you save a settlement activity, the system changes the activity category of the transaction to document that it has been monitored and processed in the back-office area.

The back-office area also includes correspondence functions, such as the function for automatically generating confirmations.

You can also use the collective processing functions in this area. The back-office also includes functions for netting transactions and for entering or editing references .

Back office processing for securities area also includes position management functions. These include corporate actions , additional EMU functions and also securities account management functions, such as securities account transfer , planned record update , automatic/manual debit position and manual posting, processing restrictions on disposal, and external securities account statements .