Abacus Group, a leading provider of hosted IT solutions for hedge funds and private equity funds, today announced that it was named a top cloud provider by FTF News in its annual Technology Innovation Awards. Abacus Group was recognized for its solutions that provide advanced, secure and scalable access to technology resources and support. With Abacus Group’s private cloud, financial services firms are equipped with a comprehensive hosted solution that helps manage their IT infrastructure and applications, by enabling clients to host all aspects of their technology in secure off-site data centers.
The FTF News Technology Innovation Awards recognizes information technology firms and service providers that make significant improvements and noteworthy achievements in operational excellence in the financial sector. The FTF News editorial panel chose the ultimate shortlist from the nominees selected by top industry professionals. The winners were then determined by votes submitted by all registered subscribers to the FTF News service.
Abacus Group’s file-hosting service, FlexDrive, was recently and separately recognized by FTF with its Gold Standard Award. FLEXDrive is a file hosting service that allows users to securely share and transfer files of any size and type with other users or devices.
“New cybersecurity threats and regulations are constantly changing the business environment for fund managers,” said Chris Grandi, CEO of Abacus Group. “We are thrilled that FTF News has recognized our transformational work to ensure our clients have confidence in the availability, security and efficiency of their cloud provider and technology. We remain dedicated to continuing to provide top-notch technology to impact our clients’ success.”