Abacus Group, a New York-based hedge fund technology services firm, has strengthened its East Coast presence by opening a new office in Boston.
The new office will provide support for the company’s growing client base and the industry’s ever increasing demand for the AbacusFlex private cloud solution.
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As part of the expansion plan, Abacus is also planning to extend their current office facilities in Greenwich, Connecticut.
Abacus Group director of business development Jason Elmer said: "The financial services industry in the Boston area is significant, and both established and up-and-coming startup funds from across the region are demanding greater access to our managed cloud and hosted IT services.
"We see an opportunity to address this underserved market while continuing to build our market presence across the US."
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By GlobalData
