Risk ManagementHalcyon Financial Technology has been recognized by CIO Applications magazine

PRNewswire PRNewswireMarch 27, 20205 min

Today Halcyon Financial Technology, L.P. (HalcyonFT), announces that it has been recognized by CIO Applications magazine as one of the “Top 10 Cyber Security Consulting/Services Companies” of 2020. The annual award recognizes the importance of developing best-in-class strategies and solutions to help organizations strengthen their cybersecurity capabilities.

CIO Applications magazine reports that “nearly 20 percent of organizations that undergo a cyberattack go out of business.” To help business leaders navigate cybersecurity risks, every year the magazine presents a list of best-in-class cybersecurity solutions and service providers.

Based in San Francisco, HalcyonFT provides technology to financial services clients with an aggregate AUM of more than $195 billion, delivering customized outsourced IT solutions as well as consulting, infrastructure and application services. In response to the growing number of cyberattacks, HalcyonFT has developed a robust cybersecurity program to provide expert evaluation of cybersecurity risks and the efficient implementation of corresponding solutions.

Through “outsourced IT,” HalcyonFT serves as an internal IT team and Chief Information Security Officer for its clients. The firm has developed a proprietary, quick-start template and methodology that provides cybersecurity best practices for investment firms via a SEC and NIST cybersecurity framework gap analysis.

In addition, HalcyonFT performs detailed analysis of the cybersecurity policies, procedures and infrastructure of the portfolio companies of its private equity clients. In this way, HalcyonFT helps its clients identify which portfolio companies are following best practices, and which ones need improvement to reduce their cybersecurity risk.

“We are honored by this award, which recognizes our focus on developing IT best practices for the asset management vertical, specifically in matters of cybersecurity,” said HalcyonFT Founder and Managing Partner, Rodric O’Connor. He emphasizes the importance of having a multiple layered approach to cybersecurity, such as cloud email security systems, multifactor authentication and employee training to avoid succumbing to phishing scams.

The mission of CIO Applications magazine is “to contribute towards filling the growing vacuum where the decision makers are unable to understand what is best suited to develop their organization. The magazine has a “unique approach of learning from industry leaders offering professionals the most comprehensive collection of technology trends.”

The CIO Applications magazine issue profiling all the 2020 award winners, including HalcyonFT, is available online at https://cyber-security.cioapplications.com/vendors/top-cyber-security-consulting-services-companies.html.

About Halcyon Financial Technology
Halcyon Financial Technology, L.P. (“HalcyonFT”), is an information technology services firm founded in 2010 by industry veteran Rodric O’Connor. Focused exclusively on serving financial services firms, HalcyonFT delivers outsourced IT solutions with a comprehensive understanding of industry trends, challenges and expectations. HalcyonFT offers an unparalleled degree of professional IT service encompassing top-level strategic leadership from an award-winning CTO, along with deep knowledge and focus of all staff in the specific requirements of the financial services industry.

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