Middle office

Generally, the back and middle office involves non-revenue generating operations related to risk management and ensuring proper execution of transactions.

[2] The middle office plays numerous roles in financial services organisations and investment banking.

The term middle office dates to 1868 as part of the origin of foreign exchange and Investment banking.

During this period, the term middle office was used to refer to those employees working in financial institutions whose primary role was to calculate the profits and losses realised after trading.

These investment banks enabled government agencies and firms to raise money through issuing and selling of securities.