Managing the Front Office - Back Office Data Gap

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When firms try to figure out whether their front or back office is best suited to work on reference data concerns such as the Investment Book of Record, they are finding challenges in managing the division of labor among the front, middle and back offices and determining how well each is suited to parts of the processes.

"In some firms, the front office won't have any awareness of reference data, while the back office of that same firm is likely to manage reference data in a sporadic and

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