Back-Office operations generally involve many processes: liaising with different counterparties including custodians, payment banks and fund administrators, as well as arranging proper data flow with other functional areas.  The above processes usually require quite a lot of resources to handle, especially in the absence of a sophisticated system.  As such, outsourcing this function allows our clients to greatly improve operational efficiencies, reduce costs and gain tangible competitive advantages:

1. Trade confirmation and follow up on any unexecuted trade confirmations or “breaks”
2. Verify confirmation contents with conditions stated in agreement for OTC transactions
   
3. Daily reconciliation of portfolio positions, activity and cash balances with prime brokers / custodians
   
4. Generate security collateral and margin requirements report
   
5. Provide reset and expiry report and monitor corporate actions
6. Liaise with legal counsels, auditors and regulators