Middle Office

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	Definition of 'Middle Office' The group of employees in a financial services company that manages risk, calculates profits and losses, and (generally) is in charge of information technology. The middle office draws on the resources of both the front and the back offices.
	Investopedia explains 'Middle Office' A financial services company is logically broken up into three parts: the front office includes sales personnel and corporate finance; the middle office manages risk and IT resources; and the back office provides administrative and support services.

Related Definitions

Back Office

Administration and support personnel in a financial services company. They carry out functions like settlements, clearances, record maintenance, regulatory compliance, and accounting. ...
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Front Office

The sales personnel and corporate finance employees in a financial services company. It's in the front office where revenues are generated.
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Risk

The chance that an investment's actual return will be different than expected. Risk includes the possibility of losing some or all of the original investment. Different versions of risk ...
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