Central Clearing Blurs the Line Between Front and Back Office
Regulation surrounding trading of those instruments has forced the front office, back office, and technology support teams together.
Historically, interaction between trading desk and back office was minimal. O'Brien recalled a previous job in the back office of a large asset manager where his team wasn't even in the same building as the traders. Today, traders must be aware of traditional back-office issues like certainty of clearing and swap execution facility (SEF) rules that affect the way
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