With StorageBurst™, Abacus provides hedge funds with an on-demand, highly available, secure and redundant platform to store large amounts of data off-site. Offering flexible disaster recovery and archiving options, StorageBurst helps funds easily store and back up tick level data to meet regulatory requirements, easily scale to accommodate changing business needs, and reduce storage costs.
Dynamic compliance requirements, coupled with the explosion of data over the last several years, has put excessive stress on many firms’ storage capabilities. Modern hedge funds face mounting data storage challenges as they work to back-test large quantitative models and seamlessly manage multiple market data feeds. StorageBurst helps hedge funds manage these “big data” challenges with instant large-capacity storage capabilities that allow funds to add or decrease storage instantly, based on their immediate requirements.