Banking

If you are a Treasury Back Office professional...don't buy this book. It is a broad and very high-level overview.
Be aware that you can have precisely the same book, from the same author with a different name: Back Office & Beyond.

Not many book titles exist in the area of back officeprocedures and settlements, so after seeing the title of this new book and its review ... , I decided to order it.....now I wish I had spent my [$] another way. The subject referred to in the title covers less than half the book's text. The other half of the book regurgitates the same old "risk management best practices", well known examples of risk oversight failures and Basle recommendations issued with respect to the regulation of market risk (issued in 1996, which came into effect in 1998). There are far better books written on the subject of risk management and the author should have stuck to describing what the title of the book suggest: back office procedures and settlements. In this area, the he book would have benefitted from some updating to reflect "state of the art" technologies. The "best practices" for managing operational rsk in the area of foreign exchange settlements are far better described in a paper on this subject by the NY Foreign Exchange Dealers Association (1996)and can be downloaded for free from (for example) the JP Morgan website.

If you're interested in obtaining a high-level overview of the subject, this is an excellent book.