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Topical Terminology > Back Office



4 Definitions

Back Office

For Back Office we have terms and definitions in 4 topics. The topics are Business, Finance, Financial and Investing.



Back Office (Business)

The administrative staff of a company who do not have face-to-face contact with the company's customers.


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Back Office (Finance)

Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities. All written confirmation and settlement of trades, record keeping, and regulatory compliance happen in the back office.


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Back Office (Financial)

Is the area or function which relates to the processing, record keeping, and other operational aspects of transactions for financial firms. This compares to Front Office and Middle Office. Is the area or function which relates to the processing, record keeping, and other operational aspects of transactions for financial firms. This compares to Front Office and Middle Office.


Back Office (Investing)

Those departments of a broker-dealer that are not directly involved in sales or trading. Some back office functions include cashiering, accounting, and the record keeping of clients' cash or margin accounts.

See Also: Broker-Dealer; Front Office; Margin Account




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