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Economics/Finances Back Office and Beyond: A Guide to Procedures, Settlements and Risk in Financial Markets

Posted on 2010-03-15




Name:Economics/Finances Back Office and Beyond: A Guide to Procedures, Settlements and Risk in Financial Markets
ASIN/ISBN:189759724X
Language:English
File size:1 Mb
Publish Date: 2003-05
ISBN: 189759724X
Pages: 288 pages
File Type: PDF
File Size: 1 MB
Other Info: Harriman House
   Economics/Finances Back Office and Beyond: A Guide to Procedures, Settlements and Risk in Financial Markets

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Mervyn King, “Back Office and Beyond: A Guide to Procedures, Settlements and Risk in Financial Markets”

The 1st edition of Back Office and Beyond became the benchmark source and reference for 'best practice' in back office procedures. Better attention to back office procedures would have prevented disasters at Barings, Sumitomo, and other causes celebres – not to mention the latest debacle at Allfirst in the USA.

This ground breaking book is an essential read for anyone wanting his/her organisation to thrive and survive, containing particularly practical guidance and advice and now extends its cover to the implications of CAD II. There is a compelling requirement for aspects of risk to be situated in the Back/Middle Office areas. Indeed, they should be involved at first base: for if data is not captured accurately, there is little chance of the institution’s risk profile being accurate. With so many banks offering similar products and pricing, accurate and speedy settlements have become a competition issue not to be ignored. As an additional reason for purchase, this edition now offers a guide to Equities' settlement also.

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