Abacus Group Named Managed Service Provider of the Year at Private Equity Wire European Credit Awards 2024
LONDON, May 22, 2024 /PRNewswire/ — Abacus Group, a leading Managed Services Provider (“MSP”) to financial services firms, has been awarded the prestigious title of Managed Service Provider of the Year at the Private Equity Wire European Credit Awards 2024.
The award, which recognizes excellence among private equity service providers, was determined through a vote among the entire Private Equity Wire userbase in an online poll. Following a nomination by more than 100 credit fund managers and industry participants, Abacus Group was presented with the award on May 16th at an exclusive event in London.
Tom Cole, Managing Director at Abacus Group, expressed gratitude for the recognition, stating, “We are honored to receive this award and to be acknowledged by our peers as the leading MSP in our field. This win reflects the hard work, dedication, and commitment of our team to providing top-notch IT and cybersecurity managed services to our clients.”
In addition to winning Managed Service Provider of the Year, Abacus Group was also nominated in the Cyber Security Solution of the Year and Technology Innovation of the Year categories. This achievement follows previous accolades such as Best Cloud Services Provider at the Private Equity Wire European Awards 2024 and Best Cloud Services Solution in the Private Equity Wire US Emerging Manager Awards 2024.
Cole emphasized the company’s dedication to delivering exceptional managed services on a global scale, stating, “Our recent award nominations and wins underscore our commitment to innovation and excellence in meeting the evolving needs of the financial services industry. As the industry landscape continues to change, we remain focused on setting the standard for managed services provision.”
Through its abacusFlex platform, Abacus Group offers a comprehensive suite of managed IT and cybersecurity services tailored to meet regulatory compliance requirements. The platform is designed to address the challenges faced by financial services firms today, including cyber threats and regulatory demands.
About Abacus Group
Abacus Group is a global Managed Services Provider specializing in IT and security solutions for the financial services industry. The company’s award-winning abacusFlex platform enables financial firms to access technology and security services on demand, allowing for scalability to meet cybersecurity, compliance, and storage needs. With offices in various locations including New York, London, and Edinburgh, Abacus Group continues to provide innovative solutions for its clients. For more information, visit www.abacusgroupllc.com.