Charlotte Scott

Charlotte Scott is a broadly accomplished financial services executive with over 25 years of comprehensive experience in delivering innovative and cost-effective operations and technology solutions for equities, derivatives and fixed income product lines. Her industry experience as a senior-level manager at Drexel Burnham Lambert, Credit Suisse, Paine Webber, and Bankers Trust provides the industry expertise and background that have made her a recognized subject matter expert in middle- and back-office operations for financial services firms. Besides delivering industry training seminars, Ms. Scott maintains a flourishing management consulting practice providing advisory services for both buy-side and sell-side firms. These services include new business development and analysis, and strategic process re-engineering, focused on Middle and Back Office Operations for derivatives, equities, and fixed income. Her project experience spans business process re-engineering, policy and procedure development, and third-party vendor identification, assessment, selection and customization. A resident of New York City, Ms. Scott is a graduate of the College of the Holy Cross in Worcester, Massachusetts and the recipient of a Masters in Teaching (MAT) from Rutgers University in New Brunswick, New Jersey.

Time for T+1

Introduction The late J. Carter Beese Jr., former SEC commissioner, gave a speech in 1993 where he famously said, “Nothing good ever happens to a trade between trade date and settlement date.” Incorporating a riff on Murphy’s Law as it applies to the Lifecycle of Trade (“What can go wrong, will go wrong”), his remarks […]

2019’s Top 11 Issues in Operations and Technology

Despite the fact that end-of-year lists always risk being arbitrary, over-simplified, opinionated, and exclusionary, we’ve compiled yet another for “What We Were Talking about in 2019” in Operations and Technology. These areas are in no particular order and include issues and trends because of economic and business changes, regulatory requirements, and changes in how technology […]

Migration to T+2 Settlement

Overview of T+2 Settlement The late J. Carter Beese Jr., former SEC commissioner, gave a speech in 1993 where he famously said, “Nothing good ever happens to a trade between trade date and settlement date.” His remarks were meant to encourage the industry to shorten the existing T+5 settlement cycle to T+3. The goal of […]

The Impact of OTC Clearing on Operations Departments

Interest Rate Swap Futures: An Introduction Since the G20 Summit in 2009, Operations Departments of financial services firms have been hard at work re-engineering work flows, upgrading and implementing new systems, and acquiring new skill sets to support the requirements of the Dodd-Frank mandate for clearing OTC Derivative contracts. Some of these changes were in […]