ACK Asset Management
By migrating to Agio’s fully hosted public cloud solution,
ACK Asset Management increased productivity, decreased
overall cost, and reduced risk.
Located in the New York metropolitan area, ACK Asset Management is a small and mid-cap U.S. equity manager with just under 10 employees. The firm has been a client of Agio’s since 2014, and needed to upgrade server and network equipment that were coming up on end-of-life.
This upgrade serendipitously aligned with ACK’s recent cybersecurity corrective action plan to investigate an overall upgrade to their infrastructure. We were at a critical inflection point rooted in the intersection of IT and cybersecurity.
To meet ACK Asset Management’s various requirements, we chose to migrate the firm to our latest version of Agio SkySuite, a fully hosted public cloud solution leveraging Microsoft Azure. This holisitic solution gave ACK a brand-new next generation redundant network stack with a built-in intrusion detection system and advanced malware protection. Agio SkySuite also helped ACK streamline:
Removed the need for an on-premise server and relevant server management costs.
Removed the need for VPN to the office environment.
Removed the cost of backups.
By implementing the latest version of Agio SkySuite, ACK Asset Management upgraded its network infrastructure, removed outdated servers and subsequent server management fees, and reduced backup costs.
With this more robust solution, the firm was well positioned to migrate employees to work-from-home as COVID-19 unfolded.
We had a seamless transition moving the staff to work from home, and I am so glad we made the change to Agio’s SkySuite solution. I 100% recommend this offering to any likeminded firm, and I am a big supporter of Agio’s model.
Ken Cooper, Chief Financial Officer
Ack Asset Management