Abacus in the News

Abacus Group Selects Foresite to Enhance Managed Cloud Security

Abacus Group - Oct 6, 2015

Collaboration to provide greater transparency, analysis and reporting capabilities for AbacusFlex™ Platform

October 6, 2015, New York, NY, USA— Abacus Group, a leading provider of hosted IT solutions for hedge funds and private equity funds, and Foresite, a leader in managed security services, announced today a collaboration to enhance cybersecurity protection for clients using the AbacusFLEX™ platform. This collaboration will enhance and add new layers of protection within the platform to help clients identify, respond to and recover from cyber threats.

These enhancements to the AbacusFLEX™ platform will provide clients with greater transparency into their IT environment, including access to a managed cloud portal that allows them to view network and domain events in real-time. This includes 24x7x365 monitoring and analysis by a security operations center that will respond to alerts and take proactive measures to reduce risk.

“In today’s IT environment, hedge fund and private equity managers are demanding greater visibility into their network environments in order to better safeguard their critical assets,” said Brian Lozada, Chief Information Security Officer for Abacus Group. “We are partnering with one of the most trusted names in cybersecurity to pull back the curtain to provide our customers with greater transparency, flexibility, and peace of mind.”

Additional tools and resources that will become available to AbacusFLEX™ customers include:

  • Access to threat intelligence feeds from the world’s leading security agencies, including FS-ISAC, Interpol, and the NSA
  • Improved reporting and analysis based on event logs provided by Palo Alto Networks and Kaspersky Labs
  • Greater flexibility to adapt to new and changing regulatory requirements
  • The ability to better leverage next generation security tools

“Increasing security threats and more stringent compliance requirements are becoming more difficult for many organizations,” said Marc Brungardt, President of Foresite. “Information Security experts are in short supply, IT teams are spread thin, and often can’t keep pace with the constant flux of today’s technology landscape making it very difficult for many companies to meet their security and compliance objectives on their own.”

For more information, please visit www.abacusgroupllc.com

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/

Contacts:
Articulate Communications
George Morin
212.255.9608 or abacus@articulatecomms.com

Topics: News- Private Cloud

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