RIDGEWOOD, N.J.--(BUSINESS WIRE)--Castine announces that Scott Douglass has joined the firm as Sales Manager on its Commission Management product line. Scott will be responsible for sales of Castine’s Asset Manager Toolkit for asset managers and hedge funds. AMT helps firms manage their commission management and CSA needs, along with sophisticated trade reporting and compliance administration.
“We are thoroughly delighted to welcome Scott to Castine, whom I have known for 20 years as a true advocate for his clients,” says Robin Hodgkins, President of Castine.
A respected leader in the industry, Scott brings deep experience in commission management from his time at Instinet as Head of US CMS sales and ten years at Deutsche Bank, where he was a Director and Head of their DBHub commission management for North America. Prior to Deutsche Bank, Scott had leadership roles as Global Sales Manager at Bloomberg Tradebook and as Executive Director at UBS. Prior to joining Castine, Scott was Head of Business Development for Commcise, a Euronext company, focusing in the commission management space.
"I am confident that Scott’s 25 years of CMS experience will serve to assist our clients with effectively managing their commission management and reporting needs in this ever more complicated regulatory environment,” said Tom Smith, Castine’s Executive Vice President of Sales.
Castine Consulting LLC, (formerly Cogent Consulting), provides commission management, RPA, compensation and performance reporting, and compliance systems to the financial services community. Castine works with over 250 asset managers and dozens of brokers handling their commission management needs worldwide. Castine operates in the USA, Argentina, and England.