Abacus Group LLC

Hosted IT solutions for investment firms

New York City, New York, United States

About Abacus Group LLC

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 relevant and effective for investment managers. The goal of Abacus Group is to support these firms by providing a comprehensive technology platform that meets their evolving needs.

New York City, New YorkHeadquarters
2008Year Founded
GROWTH_EQUITY_VCCompany Stage
Cybersecurity, Financial ServicesIndustries
51-200Employees

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

Risks

Integration with Tribeca may face cultural and operational challenges affecting service delivery.
Dependency on Zero Networks for security solutions could pose risks if vendor issues arise.
Rapid UK expansion post-Tribeca acquisition may strain resources and affect service quality.

Differentiation

Abacus Group offers a scalable IT platform tailored for financial services firms.
The Abacus Cloud platform provides on-demand scaling for cybersecurity, storage, and compliance needs.
Partnership with Zero Networks enhances Abacus's micro-segmentation and zero trust security capabilities.

Upsides

FFL Partners' investment supports Abacus's growth through acquisitions and service expansion.
Acquisition of Tribeca Technology Group boosts Abacus's UK market presence and expertise.
Awards in 2024 highlight Abacus's excellence in cloud services and managed IT solutions.