The UK team establishes a flagship headquarters in the Mayfair section of London; dallas office increases square footage; Miami team forms to support South Florida clients.
NEW YORK, June 9, 2022 /PRNewswire/ — Abacus Group, a global IT services provider for alternative investment firms, recently announced the expansion of its offices in three major cities, with a new location in London, UKsound renovation Frisco, TXoffice and a new presence in Miami, Florida. Originally founded in San Francisco in 2008 and currently based in New York Citythe growing company now has a presence in eight major financial cities in the US and UK, with nearly 250 employees serving more than 650 corporate clients.
UK & EUROPE:
At the end of May, the Abacus team, which accompanies its British teams and Europe customers moved to a new, larger head office in the heart of Mayfair in London, a popular location for the alternative asset management community. The investment in this new space for the London is poised to energize team collaboration as the team grows and grows in size, while supporting significant customer growth in the UK and Europe markets. The new space can accommodate up to 40 people in an open office format as well as dedicated collaboration and meeting spaces. “Our investment in a new, larger office location in a prime area of London aligns with our customers’ return to the office, allowing our team to be readily available to meet customer needs in London,” said Tom ColeManaging Director – UK and Europe at Abacus Group.
Two years ago, in anticipation of the continued growth of their dallas team, Abacus Texas has moved into a 6,800 square foot office in HALL Park in frisco. Abacus has now taken over an adjoining space, expanding its footprint to HALL Park more than 50%. The renovation to combine the two spaces is expected to be completed in the coming weeks, anticipating even more growth Texas crew. “We love the amenities and collaborative workspaces available to us at HALL Park up and expect to recruit even more talent in the dallas as we grow our customer support teams,” said Mike HermannGeneral Manager – Client Services at Abacus Group.
Following an influx of customers opening offices in South Florida at the start of the pandemic, Abacus began recruiting a team last year to support customers in the Miami Region. Covering a vast geography across South Florida, the newly established Abacus team in the region is available to support customer sites in a variety of locations, assisting with both traditional office and home setups. “Many investment managers who traditionally worked in offices in New York City decided to expand or move South Florida during the pandemic, and Abacus responded to this geographic change. We had our eye on South Florida market for a while, and during the pandemic it ultimately made sense for us to invest in building a local team. We have recruited the best talent in the region to support our customers, and we look forward to growing even further in South Florida in the years to come,” said Chris GrandiCEO of Abacus Group.
About the Abacus Group
Abacus Group is a leading provider of hosted IT solutions and services focused on helping alternative investment firms by providing an enterprise technology platform specifically designed for the unique needs of the financial services industry. The innovative, award-winning Abacus Cloud Platform enables investment managers to meet any technology-as-a-service need, providing the ability to scale on demand to meet current and future requirements for cybersecurity, storage and compliance. The company has teams New York, NY; San Francisco, California; Boston, MA; Dallas, TX; Greenwich, Connecticut; Los Angeles, CA; Charlotte, North Carolina; Miami, Florida; and London, England. For more information, visit www.abacusgroupllc.com.
SOURCE Abacus Group LLC