Brokerage activities dealing with the customer directly are known as 'front office'.
Securities 'back office' operations deal with the recording, processing and reporting of brokerage transactions generated by the front office.
- Trade detail capture
- Settlement systems
- Trade enrichment
- Data validation
- Trade agreement
- Trade settlement
- Custodian operations
- Reporting
Straight Through Processing (STP) is a development concept whose focus is upon the automation and streamlining of the entire brokerage process. The goal of STP is to minimize operational costs, ensure that STO assets are not at risk and reduce processing time.
Back office operations and STP both require the integration of back office operations, internal and external data within a common data platform.
STP / Securities Back Office Solution transactions and functionality include:
| Back Office Operations | Securities Lending & Borrowing |
| Financial Product ("Security") | Depot Custodian Transfer |
| Trade Order | Nostro Transfer |
| Safe Custody | Foreign Exchange |
| Corporate Actions | Unsecured Borrowing & Lending |
| Custodian | Trading Book Transfer |
| Repurchase Agreement | Reference Data |
The STP / Securities Back Office Solution integrates with the ADRM Brokerage ("Front Office") Data Environment to provide a complete data architecture for a brokerage/securities trading organization environment.
Copyright ©
ADRM Software, Inc.
All Rights Reserved
