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Front office expert Daan Smit joins Elgin White to advise and support clients globally

Daan Smit, Principal Consultant, Front Office SME at Elgin White

Daan Smit
 Principal Consultant

Daan Smit, Principal Consultant, Front Office SME at Elgin White

Daan Smit has been appointed Principal Consultant within Elgin White’s front office practice, adding vast experience and knowledge to the team. Contact Daan for expert advice on how to transform or evolve your front office operations.  

A native Dutchman, now living and working in New York, Daan joins Elgin White with a global remit to bring fresh analysis and best practice insights to our front office clients.  

His responsibilities include conducting independent reviews of our clients’ front office operations, providing strategic advice on improvements that can be made to operations, processes, and technology, and formulating practical execution plans that will deliver high-value outcomes.    

Daan joins Elgin White from SimCorp, a leading global provider of integrated investment management solutions. Most recently, following his move from Amsterdam to New York in 2019, he was Principal Pre-Sales Consultant appointed to spearhead SimCorp’s front office expansion across North America.  

Prior to his move, Daan held various roles including Asset Management Implementation Consultant and Front Office Team Leader. He led the successful deployment of numerous SimCorp Dimension front office deployments and managed the knowledge center for front office implementations within SimCorp Benelux. 

Daan spent his early career at Fortis Bank Nederland (pre-ABN Amro merger), and subsequently as a trader at international trading firm All Options, where he experienced first-hand the challenges faced by front office staff and their colleagues. 

Erik Schutte, Managing Director at Elgin White said: “We are delighted to have Daan join the team. Our clients are already benefiting from his specialist, in-depth front office expertise and the immense experience he brings in executing complex front office projects for enterprise-scale asset managers. Being on hand locally within North America, while also being accessible internationally, offers the potential for all clients to benefit from his knowledge.” 

Daan Smit commented: “Having stood in the shoes of many asset management clients, and successfully navigated the front office challenges they are currently facing, I feel privileged to be able to advise them on the best, most profitable ways forward. The opportunity to join Elgin White, playing a pivotal role in improving the shape of front office operations in the future, was one that I welcomed – and I am excited to get started.”  

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Jeremy Hurwitz

Managing Director - North America

Based in Los Angeles, California, Jeremy founded InvestTech Systems Consulting LLC in 1990. As President and Director the Enterprise Data Management and Architecture Practice for more than 25 years he managed over 50 large investment technology, strategy, and implementation projects for many of the largest global investment management firms. Following the acquisition of his firm by Accenture in 2017, Jeremy remained as Managing Director, Asset Management Lead.

Jeremy joined Elgin White in 2022 to lead the firm’s launch into North America. He is recognized throughout the North America asset management community as a thought leader and innovation architect in the design of enterprise data, analytics, and reporting platforms. His deep knowledge, broad buy-side network, and extensive experience deploying business-outcome-focused technology solutions successfully has accelerated the growth of Elgin White in North America.

Stanley Drasky

Managing Director

Stan joined Elgin White in 2020 following an impressive 30-year career working predominantly for world-class buy-side financial services firms in North America and Europe. He is a renowned buy-side technology leader with a reputation for designing and delivering large-scale transformation initiatives at scale and pace. Currently, Stan is especially active leading infrastructure (cloud and managed services) transformation projects.

His most recent roles prior to Elgin White include Chief Information Officer (EMEA) at State Street and various senior positions during his eight-year tenure at Northern Trust Corporation, including Head of IT & EMEA/Global Director of Fund Administration Technology, Global Director of Asset Management Technology, and Director of Trade Execution Technologies. Stan has also held senior Operational and Technology roles at Nuveen Investments and BNY Mellon.

Throughout his career Stan has been a strategic client or partner of every major front-to-back office technology vendor including SimCorp and Charles River Development.

Erik Schutte

Managing Director

Erik founded Elgin White’s consultancy practice in 2019, which transitioned the firm into a full-service buy-side consultancy and resourcing business. He is an experienced front-to-back business transformation professional and has held several senior management positions during his more than 30-year career in the UK and his native Netherlands, as well as Asia Pacific.

Previous roles include Head of Professional Services at SimCorp, Director at PwC UK, and Managing Director for Wealth & Asset Management Services at Accenture UK & Ireland.