RFA rolls out new data back-up tool

Richard Fleischman & Associates (RFA), the New York-based provider of IT systems to 400 hedge funds, has created a new product to protect hedge fund data. The application, eHarbor, provides secure, off-site storage for data files to protect funds in the event of computer disasters. RFA claims that eHarbor will allow funds to save money by lowering their business expenses and avoiding the purchase of expensive back-up equipment.