The increased advances in information technology, financial innovation, deregulation, and intensified competition has resulted in the vast growth in volume and value of financial transactions across the world's payments and settlement systems. This, in turn, has increased the payment and settlement risk implicit with them. Bank & Brokerage Back Office Procedures and Settlements is an indispensable guide for bank and brokerage CEOs, executives, and boards who want to understand and implement back office procedures and settlements.

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