The process of providing custody and escrow services,clearance and settlement services,and research and other advisory services by a securities firm involves the function of

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The process of providing custody and escrow services, clearance and settlement services, and research and other advisory services by a securities firm relates primarily to back-office functions. These activities involve the processing, recording, and maintenance of securities transactions, as well as the provision of analytical and research services to clients. Mergers and acquisitions, market making, and investment banking activities are more directly related to front-office activities involving the solicitation, execution, and distribution of securities and other financial products.

The Process of Providing Custody and Escrow Services,clearance and Settlement