Fully redundant infrastructure provides flexibility and scalability to host any application
New York, NY, Dec. 9, 2013 — Abacus Group LLC, a leading provider of hosted IT solutions for hedge funds and private equity funds, today announced the expansion of its application hosting service partnership network.
The Abacus partnership program provides hedge fund and private equity firms with access to fully hosted and managed business applications on the AbacusFLEX private cloud platform.
By increasing its application hosting service, Abacus offers greater overall business and workflow efficiency to fund managers. Hosting applications in the private cloud also ensures better system resiliency, redundancy and data back-up capabilities, while providing quality support services from round-the-clock IT staff.
The AbacusFLEX private cloud platform enables funds to meet new technology-driven regulatory and investor requirements in a cost efficient way using a secure environment. AbacusFLEX offers complete integration with front-office trading applications, back-office reporting systems, as well as managing email and files. AbacusFLEX also incorporates a compliance feature that allows firms to meet the Dodd-Frank electronic message monitoring policy.
With geographically diverse, Tier III-classified data centers located in San Francisco, New Jersey and Philadelphia, Abacus’ hosted solutions provide an effective and convenient way to deploy new applications while minimizing or eliminating the need for proprietary on-site hardware and dedicated IT staff. Abacus’ services also offer clients the flexibility to host any application, scalability to add resources as needed, and the assurance that data is always available and protected.
“Application hosting has become one of the most requested services across the industry, due to the high level of data security and efficiency it provides both startups and established financial services firms,” said Viktor Tadijanovic, Co-Founder and CTO at Abacus Group. “Firms are constantly looking for ways in which they can increase productivity while still having reliable access to their data, and the expansion of our application hosting partnership network solidifies that for our customers.”
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About Abacus Group LLC
Abacus Group LLC is an IT solutions firm focused on helping hedge funds and private equity funds deploy and manage hosted IT solutions. Our objective is to provide investment managers and technology executives with solutions to improve their IT service experience. Abacus has developed a scalable, redundant and highly available IT platform to allow investment managers to run all of their technology as a service. The days of purchasing new hardware every few years are over. Abacus manages mirrored data centers throughout the US and provides cost effective and efficient solutions. Firms connect to their IT applications and data through high speed circuits with minimal onsite equipment.
For more information, please visit http://abacusgroupllc.com/.