Agio

Risk analytics firm Agio Ratings Announces $4.6 Million in Funding Led by Superscrypt

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화요일, 3월 5, 2024

Agio Ratings has raised $4.6 Million in PreSeed and Seed funding to transform how the digital asset industry prices risk.

Key Points: 
  • Agio Ratings has raised $4.6 Million in PreSeed and Seed funding to transform how the digital asset industry prices risk.
  • Superscrypt led the Seed round and was joined by Portage, along with MS&AD Ventures and several angel investors in insurance and asset management.
  • Agio’s ratings are a response to the lack of quality data to power standard risk models.
  • “Digital asset investors deserve better, and increasingly capital allocators and regulators expect more,” said Ana De Sousa, CEO of Agio Ratings.

2023 Hedge Fund Cybersecurity Trends Report: Majority of Firms Report a Surge in Cyberattacks during the Last Year

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목요일, 8월 10, 2023

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- Agio, a leading managed IT and cybersecurity provider for financial services firms, today published its 2023 Hedge Fund Cybersecurity Trends Report, in which the majority of firms reported a spike in cyberattack frequency and severity during the last year.

Key Points: 
  • NEW YORK, Aug. 10, 2023 /PRNewswire/ -- Agio , a leading managed IT and cybersecurity provider for financial services firms, today published its 2023 Hedge Fund Cybersecurity Trends Report , in which the majority of firms reported a spike in cyberattack frequency and severity during the last year.
  • 77% of firms reported cyberattack frequency increased during the last 12 months, and 87% said attacks were more severe.
  • Firms that insource their cyber programs reported the biggest increase: 77% reported an increase in attack frequency, and 87% said attacks were more severe.
  • These firms unanimously (100%) said they would look to outsource their cybersecurity programs to third-party providers to shore up their cyber defenses.

2023 Hedge Fund Survey Shows Rising Costs and High Staff Turnover are Forcing Hedge Funds to Rethink Their Approach to IT Management

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화요일, 5월 9, 2023

NEW YORK, May 9, 2023 /PRNewswire/ -- Agio, a leading managed IT and cybersecurity provider for financial services firms, published its annual 2023 Hedge Fund Managed IT Trends Report today. Agio surveyed over 100 hedge fund practitioners spanning the technology, operations, cybersecurity, compliance, and finance fields for an in-depth look into how economic and employment trends are shaping their technology management practices and preferences. 

Key Points: 
  • 55% of firms that currently outsource their IT said they would increase outsourcing due to inflationary pressure.
  • Survey respondents revealed that rising inflation is changing how hedge funds manage and support their IT services.
  • More than half of firms (55%) that currently outsource their IT management and support said they would increase outsourcing due to inflationary pressure.
  • The report also found that those funds that will expand their existing outsourcing efforts want cloud management and support (75%).

New Hedge Fund Managed IT Trends Report Shows Industry Shift in IT Outsourcing and AI-Driven Services

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화요일, 9월 13, 2022

NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Agio, a leading cybersecurity and managed IT provider for financial services firms, published its inaugural 2022 Hedge Fund Managed IT Trends Report today. The survey, conducted earlier this year, captures the opinions and perceptions of recent, current, and future technology management and information security programs, initiatives, and readiness from 100 hedge fund practitioners across the technology, operations, cybersecurity, and compliance fields.

Key Points: 
  • 89% of firms that in-source IT management today said they plan to allocate more spend to outsourced services.
  • Survey respondents revealed that, coming out of the pandemic, firms are reevaluating their options with respect to in-sourcing versus outsourcing IT management.
  • To download the full 2022 Hedge Fund Managed IT Trends Report, visit https://agio.com/hedgefund-managed-it-report/ .
  • Agio worked with Market Measurement, an independent survey administrator, to conduct the 2022 Hedge Fund Managed IT Trends Report.

New Hedge Fund Cybersecurity Report Reveals Changes Firms are Making in a Post-Pandemic World

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화요일, 5월 24, 2022

NEW YORK , May 24, 2022 /PRNewswire/ -- Agio, a leading cybersecurity and managed IT provider for financial services firms, published its inaugural 2022 Hedge Fund Cybersecurity Trends Report today. The survey was conducted in Q1 and captured the opinions and perceptions of recent, current, and future cybersecurity programs, readiness, and initiatives from 100 hedge fund practitioners across the technology, operations, cybersecurity, and compliance fields.

Key Points: 
  • NEWYORK, May 24, 2022 /PRNewswire/ -- Agio , a leading cybersecurity and managed IT provider for financial services firms, published its inaugural 2022 Hedge Fund Cybersecurity Trends Report today.
  • Convergence of IT and cyber teams among top actions firms are taking to improve cyber posture in a post-pandemic world.
  • According to the respondents surveyed, two years of working mostly remotely has added significant strain to the hedge fund industry's cybersecurity defenses and resiliency.
  • Agio worked with Market Measurement, an independent survey administrator, to conduct the 2022 Hedge Fund Cybersecurity Survey.

Agio Named Most Innovative Technology Firm for 2nd Consecutive Year by HFM U.S. Technology

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월요일, 2월 28, 2022

NEW YORK, Feb. 28, 2022 /PRNewswire/ -- Agio, a leading cybersecurity and managed IT provider for financial services, was named Most Innovative Technology Firm of the year at the Hedge Fund Magazine (HFM) 2022 U.S. Technology Awards.

Key Points: 
  • NEW YORK, Feb. 28, 2022 /PRNewswire/ -- Agio, a leading cybersecurity and managed IT provider for financial services, was named Most Innovative Technology Firm of the year at the Hedge Fund Magazine (HFM) 2022 U.S. Technology Awards.
  • "We always strive to be better than yesterday, and that mentality has propelled us to where we are today.
  • Agio utilizes applied artificial intelligence and machine learning to remove friction and improve service quality in client technology experiences.
  • Agio is a hybrid cybersecurity and managed IT organization equipping financial services with next-generation cyber protection and technology support.

M2GEN Expands Leadership Team, Appointing Daniel Elgort, Ph.D. as Chief Data and Analytics Officer and May Yoon as Chief People Officer

Retrieved on: 
화요일, 1월 18, 2022

The two appointments strengthen M2GEN's commitment to deliver differentiated analytics solutions for oncology research by attracting and developing world-class talent.

Key Points: 
  • The two appointments strengthen M2GEN's commitment to deliver differentiated analytics solutions for oncology research by attracting and developing world-class talent.
  • "We are pleased to welcome Dan to the M2GEN executive leadership team.
  • Dan's experience will be invaluable as we continue to scale and enhance our data and analytics solutions," said Jim Gabriele, CEO of M2GEN.
  • M2GEN is an oncology-focused bioinformatics solutions company advancing precision medicine and transforming cancer care through clinical and molecular data and analytics tools.

Agio Disrupts the IT Support Landscape with AI-Enabled Service Platform

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목요일, 7월 29, 2021

This represents a shift from the traditionally reactive role of IT and cybersecurity support to Agio's proactive focus on complex, preventative solutions.

Key Points: 
  • This represents a shift from the traditionally reactive role of IT and cybersecurity support to Agio's proactive focus on complex, preventative solutions.
  • As a result, Agio clients experience fewer technical issues and higher-quality interactions with their service desk,resulting in a 30% reduction in issues in the first 90 days.
  • Last year, Agio founder and CEO Bart McDonough decided to challenge the traditional model of technology support.
  • Agio is a hybrid cybersecurity and managed IT organization equipping financial services with next-generation cyber protection and technology support.

Agio Appoints May Yoon as Company's First Chief People Officer

Retrieved on: 
목요일, 6월 25, 2020

NEWYORK, June 25, 2020 /PRNewswire/ -- Agio ,a leading provider of cybersecurity and managed IT services for financial services has hired May Yoon as Chief People Officer, effective April 27.

Key Points: 
  • NEWYORK, June 25, 2020 /PRNewswire/ -- Agio ,a leading provider of cybersecurity and managed IT services for financial services has hired May Yoon as Chief People Officer, effective April 27.
  • As Agio's first-ever Chief People Officer, Ms. Yoon is responsible for the perpetuation of the firm's culture and core values across its global staff.
  • Prior to joining Agio, she served as Chief People Officer for CLEAR, a biometric identity company, where Ms. Yoon led the people function for more than 2,500 employees.
  • Agio is headquartered inNewYork, NY, with additional offices inRaleigh, NCandNorman, OK. For more information, please visit www.agio.com .

Agio Launches Machine Learning Customer Service Solution

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수요일, 7월 11, 2018

NEW YORK, July 11, 2018 /PRNewswire/ -- Agio , a leading provider of managed IT and cybersecurity services for the financial services, healthcare and payments industries, announced today the launch of its cutting-edge machine learning solution to exponentially enhance the delivery of exceptional service at-scale.

Key Points: 
  • NEW YORK, July 11, 2018 /PRNewswire/ -- Agio , a leading provider of managed IT and cybersecurity services for the financial services, healthcare and payments industries, announced today the launch of its cutting-edge machine learning solution to exponentially enhance the delivery of exceptional service at-scale.
  • Agio's new machine learning tool uses Natural Language Processing (NLP) to analyze and asses the sentiment of communications between Agio and its clients, ensuring a consistent, reliable and seamless client experience.
  • The solution, now in use, creates a more positive client experience by enabling Agio to effectively prioritize thousands of client communications received on a daily basis.
  • To keep the solution updated, the machine learning technology which supports Natural Language Processing, is constantly validated and adjusted based on an ongoing review of its performance.