Abacus Group Named to Top 50 of MSPmentor 501 Global Edition and 22nd in North America

New York - 27 May 2015

Private cloud services provider recognized for excellence and innovation in managed services

Abacus Group, a leading provider of hosted IT solutions for hedge funds and private equity funds, has landed on Penton Technology’s eighth annual MSPmentor 501 Global Edition, a distinguished listing of the world’s top 501 managed service providers (MSPs). Abacus Group was ranked 22 among North American MSPs and 27 among global MSPs, respectively.  The performance, scalability and high availability of Abacus’s private cloud platform are several of the primary drivers behind the company’s inclusion in these rankings for the last 3 years.

Abacus provides top-tier, new and emerging hedge funds and private equity funds with AbacusFLEX , a powerful cloud-based solution that empowers them to focus on their core business without sacrificing performance, security or the resiliency for their technology and operations.

“Our consistently high rankings in the MSPMentor 501 further validate our commitment to providing our customers with the necessary tools to navigate the ever-changing fiscal landscape,” said Chris Grandi, CEO, Abacus Group. “We continue to strive to offer best in-class service and the most sophisticated offerings to the hedge fund and private equity market.”

Now entering its 9th year, the annual MSPMentor 501 rankings recognize the leading managed service providers globally and on a regional level. The top MSPs are selected based on a range of metrics, including annual managed services revenue growth, revenue per employee, managed services offered and customer devices managed.

“Abacus Group has consistently risen each year in our annual MSPMentor rankings, clearly demonstrating their ongoing commitment to excellence in managed services,” said Marcia Parker, Executive Director, Penton Technology. “We congratulate them on achieving this honor, and look forward to their continued success.”

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