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The clearing firms had escaped such responsibility for years, because they were viewed as back-office administrators, with no control over the activities of their brokerage-firm customers.
Ms. Davis, 38, once worked as a back office hedge fund administrator before she decided to try a more lucrative venture — running escorts.
Companies are looking for more traditional "back office, big-systems types of skill sets," he said, like database administrators, applications programmers, project managers and business analysts.
For the next seven months, Pamela Davis, hospital administrator, became Pamela Davis, secret agent, helping to expose a multimillion-dollar scam that at times resembled a spinoff of "The Sopranos," guest-starring the back office from "Grey's Anatomy".
Money also tells in the back office.
The back office is left trailing.
Nationalise his back office.
Outsourcing of back office activities.
In addition, Citco and most other big hedge fund administrators offer clients many more fee services everything from bridge loans and custodial services to outsourcing a firm's entire back office.
BOF = Back Office activities (measured by the average tendency of outsourcing back office activities).
Your back office a shambolic paper mountain?
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