Updated: March 12, 2025
Abacus Group is a global provider of managed IT and cybersecurity services to the financial services industry. Since our founding in 2008, we have been committed to delivering comprehensive solutions that ensure regulatory compliance, security, and operational efficiency. In addition to providing service value to clients, we’re committed to a culture of sustainable business practices.
Our Mission: Abacus is a team of talented individuals dedicated to being the premier service provider for hedge funds and investment managers. We prioritize clients and client service. Innovation, education, and communication allow us to become an integral part of our clients’ organizations. We help our clients succeed by providing them with leading-edge technology services and exceeding their expectations.
We firmly believe that a dedication to Environmental, Social, and Governance (ESG) initiatives and sustainable business practices yields enduring benefits for all our stakeholders, including clients, employees, partners, and the communities we serve. Our goal is to embed environmental sustainability, social responsibility, and robust corporate governance into every facet of our operations.
This ESG policy statement underscores our unwavering commitment to ensuring that our business decisions and policies are aligned with sustainability opportunities. We expect all employees, executives, vendors, and partners to uphold this policy. As we look to the future, we pledge to maintain transparency and remain steadfast in our efforts to enhance our ESG initiatives.
We are committed to operating in an environmentally responsible manner to reduce our impact on climate change, conserve natural resources, and operate in compliance with environmental regulations.
As a cloud-based technology company, we empower our clients to reduce their physical footprint by consolidating our technology infrastructure into centralized, off-site data centers. This approach allows clients to maintain only the essential on-site technology hardware within their office spaces. Our consolidated technical architecture significantly reduces cooling and power requirements, thereby making a substantial contribution to combating climate change. We hold our vendors to the same high standards within our supply chain and continuously monitor their sustainability policies to ensure alignment with our commitment to environmental responsibility.
Mobility is built into all services, empowering our employees and our clients’ employees to telecommute when appropriate, reducing the environmental impact of commuting to offices. Whenever possible, we encourage our employees to use public transportation for commuting to work and client sites (including providing pre-tax transit benefits where allowed by local tax laws).
In addition:
We are committed to being a socially responsible employer by fostering an environment of diversity and inclusion across our business, operating ethically and supporting our local communities.
Our employees are at the core of the service we provide, and we are committed to giving members of our team a workplace that feels inclusive and rewarding. We encourage all of our employees to volunteer within their local communities and facilitate this by providing company-organized community service opportunities in the cities where we have offices.
The talent of our team is one of our strongest assets and we strive to always recognize the value of every team member. We do this through equitable and competitive compensation and seek to nurture internal talent and promote from with-in whenever possible. We also provide comprehensive health benefits, a retirement savings account, paid time off, paid family leave, disability coverage, paid professional development, and free healthy snacks and beverages. We also provide employees with a wellness program that incorporates education and gamification to promote awareness across four key pillars: physical, nutritional, financial and mental wellness.
We acknowledge the lack of diversity within our industry, particularly among technology and financial firms. This issue is especially pronounced in the underrepresentation of from women and people of color at all levels, including senior management. As a company, we recognize the need for improvement in this area. Our initial step towards addressing this challenge is to publish data on the racial and gender composition of our employees. We will continue to update this ESG policy statement bi-annually to track our progress in recruiting a more diverse workforce. Current data indicates that while it is crucial to ensure that new hires come from diverse backgrounds, it is equally important to focus on inclusion and career development to address the existing gaps in representation at the leadership level.
We are committed to building a culture dedicated to ethical business behavior and responsible corporate activity.
To provide transparency and avoid conflicts of interest, we actively engage outside auditors to conduct the following:
Oversight
The CEO of Abacus Group, Anthony D’Ambrosi, oversees the implementation and impact of our ESG initiatives and continuously strives to foster dialogue on these issues amongst our employees and other stakeholders.
Founded in 2008, Abacus Group is an innovative, award-winning IT and Cybersecurity managed service provider offering an enterprise integrated platform specifically designed for the unique needs of the financial services industry.
