Beeks Financial Cloud Group PLC Proximity Cloud Win (3022T)
14 11월 2023 - 4:00PM
UK Regulatory
TIDMBKS
RNS Number : 3022T
Beeks Financial Cloud Group PLC
14 November 2023
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Proximity Cloud Win with Tier 1 Investment Manager
14 November 2023 - Beeks Financial Cloud Group plc (AIM: BKS), a
cloud computing and connectivity provider for financial markets, is
pleased to announce the signing of a multi-year contract with a
Tier 1 investment manager for its Proximity Cloud offering.
The contract, worth more than $1.3 million in aggregate over a
three year period, with their option to extend for a further two
years, is for the deployment of the Beeks high performance,
dedicated and client-owned trading environment in both London and
New York, with the potential for significant future expansion.
This contract, combined with the previously announced $4m of
Private Cloud contracts signed in July and the go live of Exchange
Cloud at the JSE in September, have provided a strong start to the
year and the Company continues to make progress on the conversion
of its significant pipeline.
Gordon McArthur, CEO at Beeks, commented: "We continue to
attract high profile financial organisations and in turn increase
our presence in the sector. Following a strong start to the year,
our high levels of contracted, recurring revenue provide confidence
moving forwards. We remain focused on converting the growing
pipeline of opportunities across each of our product offerings and
delivering growth acceleration in FY24 and beyond."
For further information please contact:
Beeks Financial Cloud Group plc
Gordon McArthur, CEO via Alma
Fraser McDonald, CFO
+44 (0)20 7523
Canaccord Genuity 8000
Adam James / Gordon Hamilton
Alma +44(0)20 3405 0205
Caroline Forde / Hilary Buchanan / Joe Pederzolli
About Beeks:
Cloud computing is crucial to Capital Markets and finance.
Beeks Group is a leading managed cloud provider exclusively
within this fast-moving sector. Our Infrastructure-as-a-Service
model is optimised for low-latency private cloud compute,
connectivity and analytics, providing the flexibility to deploy and
connect to exchanges, trading venues and public cloud for a true
hybrid cloud experience.
ISO 27001 certified, we provide world-class security aligned to
global security requirements.
Founded in 2011, Beeks Group is listed on the London Stock
Exchange (LSE: BKS) and has enjoyed continued growth each year.
Beeks Group now employs over 100 team members across the globe with
the majority based at our Renfrew HQ.
Find out more at beeksgroup.com
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END
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