Abacus Group LLC

Abacus Group LLC

Provides hosted IT solutions for investment firms

About

Abacus Group, LLC provides hosted IT solutions tailored for alternative investment firms in the financial services sector. Their main product, the Abacus Cloud platform, allows investment managers to access all necessary technology as a service. This platform is designed to be flexible, enabling firms to scale their technology resources according to their needs, particularly in areas like cybersecurity, data storage, and compliance. What sets Abacus apart from its competitors is its specific focus on the unique requirements of the financial services industry, ensuring that their solutions are highly relevant and effective for their clients. The goal of Abacus Group is to support investment firms by delivering a comprehensive technology platform that meets their evolving needs.

Company Stage

Growth Equity (Venture Capital)

Employees

51-200

Industries

Cybersecurity, Financial Services

Total Funding

N/A

Headquarters

New York City, New York

Founded

2008


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Simplify's Take

What believers are saying

  • Increased demand for cloud-based IT solutions boosts Abacus Group's market potential.
  • Private equity investment from FFL Partners supports strategic growth and expansion.
  • Acquisition of Tribeca Technology Group strengthens UK market presence and service capabilities.

What critics are saying

  • Integration of Tribeca may face cultural and operational challenges affecting service delivery.
  • Over-reliance on Zero Networks could pose risks if they face operational difficulties.
  • Rapid UK expansion may stretch resources, potentially impacting service quality.

What makes Abacus Group LLC unique

  • Abacus Group offers a scalable IT platform tailored for financial services firms.
  • The company provides award-winning cloud solutions recognized in multiple industry awards in 2024.
  • Partnership with Zero Networks enhances cybersecurity with advanced micro-segmentation and zero trust solutions.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Wellness Program

Hybrid Work Options

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