Abacus Group Launches Abacus FileDriver

NEW YORK - July 8, 2014 - PRLog -- Abacus Group LLC (http://abacusgroupllc.com/), a leading provider of hosted IT solutions for hedge funds and private equity funds, today unveiled the Abacus FileDriver service to help investment companies automate routine file transfers and to protect their business against disruptions caused by failed file transfers.

Traditionally, investment firms need to spend time troubleshooting when they discover a failed transfer.  Resolution can sometimes take several hours; especially if they need to wait for the problem to be solved by a third party (file not available, network outage, etc). Abacus FileDriver delivers real-time alerts to a customizable list of users at the moment when the systems experience technical challenges. Users can identify and react on the issue immediately and thus improve operational efficiency. Key features and benefits of the Abacus FileDriver include:

·         Automated file transfers

·         Customizable transfer schedule

·         Automatic retries if initial transfer attempt fails

·         Intelligent, scenario-based email alerts

·         Customizable alert distribution lists

·         Monitored and managed by Abacus

“Operations managers today need to do more with less.  This means they need low-maintenance tools that automate routine tasks, while making them aware of process failures and exceptions.” said Christopher Steele, Director of Software Services, Abacus Group. “Abacus Group’s FileDriver service provides managers with these benefits, thanks to proprietary artificial intelligence that provides transparency and automation even when things don’t go as expected.”

For more information about Abacus Group and the Abacus FileDriver, please contact abacus@articulatecomms.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/ (http://cts.businesswire.com/ct/CT?id=smartlink&url=ht...).