29 June 2017
visit www.finastra.com

Abacus introduces FileDriver service

08 July 2014  |  1267 views  |  0 Source: Abacus Group

Abacus Group LLC, 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." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.www.fisglobal.comvisit wavestone-advisors.co.ukvisit www.finastra.com

Top topics

Most viewed Most shared
ECB preps eurozone-wide instant payments serviceECB preps eurozone-wide instant payments s...
9428 views comments | 19 tweets | 38 linkedin
ABN Amro tests wearable tech for contactless paymentsABN Amro tests wearable tech for contactle...
9100 views comments | 10 tweets | 6 linkedin
HSBC hires Biggs to lead business model innovationHSBC hires Biggs to lead business model in...
7784 views comments | 16 tweets | 13 linkedin
Mastercard eyes opportunities to profit from sharing economyMastercard eyes opportunities to profit fr...
7606 views comments | 6 tweets | 6 linkedin
Body blow for PayKey as Apple orders Westpac off its turfBody blow for PayKey as Apple orders Westp...
7224 views comments | 12 tweets | 14 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job