Cloudbox launches financial services product

Cloudbox Technology has launched Cloudbox Financial, a unique IT solution designed to meet the needs of the most demanding financial services clients.

The solution combines a fully managed suite of IT applications with a secure, user based computing environment and completely unlimited fixed price support. In addition, Cloudbox Financial includes an innovative set of tools to assist hedge funds, asset managers and other financial clients meet demanding regulatory and compliance needs.

Justin Trent, Global CEO, explains: “Of course we have included the most innovative and comprehensive IT applications required by fund managers together with our remarkable support, but we have listened to our financial clients by providing a complete set of policies, processes, documentation and GDPR platforms to help them satisfy their investors and regulators.”

The solution is designed to eliminate single points of failure and to allow business to continue from anywhere at any time. With data encryption, 24/7 security scanning and archiving built in, it is designed to keep data safe and secure.

Cloudbox include continuous training as part of the solution to help clients make the most of their improved systems and improve productivity, compliance and ultimately results.

The team behind Cloudbox Financial come with a great depth of experience. Justin Trent and Oliver Potgieter were co-owners of Matsco Solutions which they helped grow into a global MSP from their head-office in London before heading home to South Africa where they formed Cloudbox in 2011. Oliver, now CTO at Cloudbox, was responsible for implementing the first private cloud platform in 2006 assisting hedge funds leverage the benefits of the cloud. Nicholas Watkins joined the team as a shareholder and director in 2013. Prior to that Nick was the co-founder/owner of Tenax Capital, a billion dollar London hedge fund (whose IT infrastructure was setup and managed by Matsco in 2003 and where the relationship with Oliver and Justin began). Nick Goodenough (pictured), the UK CEO, joined the team at the start of 2019. All four have worked together for more than 15 years in their relative and prior capacities as customers, suppliers and partners.

Nick Goodenough adds: “Cloudbox Financial combines compliance, security and control with usability and functionality and helps financial services firms meet their demanding regulatory requirements,” he explains, continuing “the solution is based on best of breed cloud solutions so our clients never get stuck with legacy systems and is backed by a comprehensive Service Level Agreement.”

Cloudbox also provides a range of supplementary services including high performance resilient networks, fast internet, business phones and specialist hosting and security services. Recognising the rapid start nature of the industry, Cloudbox offers a Quick Starter Pack for brand new funds to get up and running in as little as 24 hours.

Ultimately, Cloudbox Financial offers an all-inclusive IT, support and compliance package helping lighten the load on the most demanding financial firms.

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David Dungay

Editor - Comms Business Magazine