8008 Exam Dumps | What does a middle office do for a trading desk?

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PRM Certification - Exam III: Risk Management Frameworks, Operational Risk, Credit Risk, Counterparty Risk, Market Risk, ALM, FTP - 2015 Edition
PRMIA.8008.v2021-08-28.q125
Question 107

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Question 107/125

What does a middle office do for a trading desk?

A. Operations

B. Transaction data entry

C. Reconciliations

D. Risk analysis

Correct Answer: D

Explanation
The 'middle office' is a term used for the risk management function, therefore Choice 'd' is the correct answers.
The other functions describe what the 'back office' does (IT, accounting). The 'front office' includes the traders.

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