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Elgin White extends global footprint into North America

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Elgin White’s much-anticipated entry into North America has been confirmed. The firm has announced that it will serve financial services clients throughout North America from two hubs – Boston, MA and Los Angeles, CA. 

By establishing a presence in North America, in addition to existing operations in the United Kingdom, The Netherlands and Singapore, Elgin White has achieved global reach but with local presence, with consultants operating worldwide.

Los Angeles-based Jeremy Hurwitz has been appointed to lead Elgin White in North America. Jeremy is best known for founding InvestTech Systems Consulting in 1992. Under his leadership, InvestTech grew to become one of the most successful investment management consultancies in North America and was acquired by Accenture in 2017. Also joining Elgin White today as Boston-based Director and Head of Sales in North America is Lou Quattrucci.

Founded and operated by some of the most recognised, experienced and respected financial services experts in the industry, Elgin White is now providing North American clients with access to a range of highly specialised, top-quality consultancy and support services that are rare to find. Consultants support the full transformation lifecycle, from strategy and target operating model design through to system selection and implementation, and post-implementation ITIL service and optimisation.

Erik Schutte, CEO at Elgin White said: “In an increasingly competitive and complex environment the majority of financial institutions are now reviewing and refining their target operating models. The drive to improve performance, consolidate costs and achieve ambitious business goals has never been greater. At Elgin White, we have seen unprecedented demand from North American investment managers for specialist advisory consultancy and managed services support. In bringing Elgin White to North America, clients in the region will enjoy the same level of service, specialist expertise and action-oriented advice as those in Europe and Asia.”

Elgin White clients include many of the world’s largest asset managers, investment managers, sovereign wealth funds, pension funds, insurance companies, wealth managers, private equity funds, banks and real estate funds, as well as tier-one consultancies and software vendors.

For more information book a call with Lou Quattrucci here.

 

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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.