Abacus Group Launches Flex Drive

by Abacus Group, on Jun 17, 2013

New file-hosting service delivers secure, simple file-sharing

New York, NY, June 17, 2013 — Abacus Group LLC, a leading provider of hosted IT solutions for hedge funds and private equity funds, today unveiled FlexDriveTM, a file-hosting service that allows hedge funds and private equity firms to securely share and transfer files with other users and other devices. FlexDrive provides on-demand cloud storage and sharing as well as instant file synchronization, giving users access to their files no matter what computer or device they are using.

Hedge fund and private equity fund managers can now easily exchange and collaborate on files via desktop computer, mobile device or tablet. The FlexDrive server is located in the Abacus Group private cloud, where users get all of the inherent benefits of SAS70 and SSAE16 certification as well as Abacus' intrusion detection. Data stored with FlexDrive is also synced across multiple machines and the internet, allowing users to work with Excel files that have Bloomberg Data Point (BDP) links coming in from Bloomberg.

    FlexDrive enables users to:
  • Easily invite others to join sub-folders within their FlexDrive folder
  • Upload additions and edits to files without having to email files to each person
  • Access all files from a computer, smartphone or the web
  • Access past revisions of a document and upload changes


"For many funds, keeping track of documents and data files across different computers, smartphones and various users can be really challenging," said Art Murphy, Director of Client Development, Abacus Group. "With Abacus FlexDrive, your business partners in other states and countries can share files and collaborate on projects with assurance that they are all working from the right documents within a highly secure and reliable environment."

For more information about Abacus Group and Abacus FlexDrive, please contact abacus@articulatecomms.com.

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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/.

Topics:NewsPress ReleasePrivate Cloud
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