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Back office settlement

This carries on to bank organisation structure. In most banks, the repo desk for bonds is situated in the money markets area, while in others it will be part of the bond division (the author has experience of banks employing each system). Equity repo is often situated as part of the back office settlement or Treasury function. Bank of England, Quarterly Bulletin, February 1997. [Pg.310]

Similarly, we may discover that each of the participants is itself an abstraction made up of distinct parts that play roles in the collaboration. The banks traders make the deal, but their back offices do the settlement. Again, the two aspects of the collaboration can be treated separately, giving action abstraction and object abstraction. [Pg.241]

An important safety and quality control feature is the ability to monitor the slues and lifts which have been achieved as work progresses. The resulting geometry may be analyzed at the end of work to ensure it is satisfactory (an example of which is shown in Figure 4) and a record passed via various media to a central office. Corrections may also be applied during work to compensate for any errors, due to track spring-back and settlement, feeding back into the system. [Pg.90]

The report of the Contract Settlement Review Team might have made several additional observations in its analysis of the situation in the CWS. One of the reasons for poor property records was that many CWS small contractors did not have facilities to set up necessary records when they undertook a contract. Later CWS termination offices had to attempt to reconstruct the property record back to the time the contract was awarded. The efficiency with which property records were administered, as well as with regard to other aspects of contract terminations, differed among CWS installations. Some had excellent staffs and closely supervised all aspects of termination activities others did not have enough qualified people and operated in a rather haphazard manner,... [Pg.423]


See other pages where Back office settlement is mentioned: [Pg.24]    [Pg.211]    [Pg.201]    [Pg.417]   
See also in sourсe #XX -- [ Pg.310 ]




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