Definition: Back office alignment refers to asset managers ensuring that essential back office functions like accounting, IT, settlement, and compliance are performed in a way that supports the asset manager’s broader strategic goals.
Example: If an asset manager pursues a strategy that depends on fast decision-making, the firm may employ shadow accounting services to ensure front office teams have earlier access to accurate data about portfolios.
Explore IVP Middle Office Services:
IVP’s Middle Office Services offer a fully scalable and customizable service that allows all kinds of asset managers to significantly improve operational efficiency and transparency. By outsourcing critical middle office processes, firms can focus on core competencies. Our comprehensive suite of middle office services encompasses everything from trade lifecycle management and corporate actions processing to asset lifecycle management.