- Tech Insights
The modern landscape of the financial services industry firm's cyber security risk is increasing significantly due to the increase in volume and sophistication of phishing, ransomeware, DDoS and other attacks. With the goal of protecting against the unique risks each firm faces, industry veteran, Rodric O’Connor, founded Halcyon Financial Technology, L.P. (“HalcyonFT”) and utilizes the NIST cyber security framework to identify and mitigate client's cyber security risks. With a deep understanding of industry-specific regulations (SEC/FINRA) HalyconFT tailors technology services based on each firm’s people, processes and infrastructure. HalcyonFT help clients transition to compliant cloud technologies that facilitate increased productivity, reliability and lower risk and cost.
HalcyonFT has become the most sought-after IT services firm focused entirely on the financial services industry, servicing the major US domestic financial metropolitan areas with offices in San Francisco, New York and Newport Beach. Delivering on tailored outsourced IT services, infrastructure and application projects, Sales force consulting and implementation and technology cost reduction, HalcyonFT offers premium customer service with highly specialized IT professionals, service-oriented cost structure and on-site staff members. Their clients, including Private Equity, Hedge Funds and investment management firms, manage an excess of $100 billion in investments.
In one instance for a $20B AUM client, HalcyonFT implemented a complete IT solution for a new remote office build-out including voice, video and data which freed up internal IT resources to focus on other strategic initiatives.In another, a private equity firm faced recurring problems unique to the investment industry, such as complex SEC compliance requirements for a registered advisor, coupled with high operational costs. The client approached HalcyonFT who identified and addressed core issues through a thorough initial assessment, evaluation, requirements validation and implemented solutions to meet compliance requirements of a registered advisor, including backup and recovery, email retention and employee personal trading.
HalcyonFT’s exclusivity to the financial industry provides valuable perspective to the unique developments, as well as the trends, challenges and high expectations of investment firms. O’Connor and his team of IT professionals have decades of experience in the financial services industry and a proven history of collaborative work in key IT roles within financial services firms. They are committed to exceptional service, the utmost integrity and unparrelled professionalism, priding their reputation on each superior client interaction. The company’s goal of excellence is continuously rated on user satisfaction at the close of every case, which guarantees service will exceed a 4 out of 5. In seven years of measurement, HalcyonFT has averaged 4.98/5.0.
This year, HalcyonFT has added expanded their premium IT services to ultra high-networth families, managing their sensitivity to cyber security and confidentiality across multi-household, multi-generational families within the North American footprint.
HalcyonFT’s reputation is reflected in the success of the company, which remains laser-focused on providing the highest quality of service and knowledge in the industry to small to mid-size firms. Their dedicated and experienced team of IT professionals customizes services to meet every client’s needs with flexible solutions. With cutting-edge technologies, coast-to-coast U.S. coverage and exceptional customer service, HalcyonFT sets the highest standard of outsourced IT solutions for the financial services industry.
Halcyon Financial Technology was formed in 2010 by industry veteran Rodric O'Connor to address a gap in the market serving small to mid-size financial services firms with best practice IT support.