Beeks Financial Cloud Group
plc
("Beeks"
or the "Company")
Beeks' Exchange Cloud now
live with Nasdaq
Nasdaq confirmed as Exchange
Cloud customer, with offering now live within its core data
centre
22 January 2025 --- Beeks Financial
Cloud Group plc (LSE: BKS), a cloud computing and connectivity
provider for financial markets, is delighted to confirm that the
major Exchange Cloud Customer announced on 6 February 2024 is the
Nasdaq Stock Market (Nasdaq), a global
technology company serving capital markets and other industries.
The service is now live, with customers expected to be on-boarded
at the end of February.
Beeks enables the world's major
exchanges to become the cloud for their end users. The agreement
enables Nasdaq to offer access to cloud infrastructure and
analytics to its thousands of members. Utilising Beeks' existing
inventory, Exchange Cloud will initially be deployed in Nasdaq's
core data centre in Carteret NY11, New Jersey, with the potential
for further expansion. Consequently, this material multi-year
contract has scope to grow, further supporting the Group's growth
aspirations, as well as underpinning the Board's FY25
expectations.
Gordon McArthur, CEO at Beeks, commented:
"We are delighted to name Nasdaq, one of the
world's leading exchanges, as an Exchange Cloud customer, endorsing
the power, scale and capability of the product.
Exchange Cloud represents a
significant opportunity for Beeks, as the end-user compute market
within exchange data centres is considerable. We remain focused on
the conversion of our substantial pipeline of opportunities,
with advanced discussions taking place with
other major Exchanges across the globe."
For
further information please contact:
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Beeks Financial Cloud Group
plc
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Gordon McArthur, CEO
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via Alma
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Fraser McDonald, CFO
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Canaccord Genuity
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+44 (0)20 7523 8000
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Adam James / George
Grainger
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Alma Strategic
Communications
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+44(0)20 3405 0205
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Caroline Forde / Joe Pederzolli /
Emma Thompson
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About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global
technology company serving the capital markets and other
industries. Our diverse offering of data, analytics, software, and
services enables clients to optimize and execute their business
vision with confidence. To learn more about the company, technology
solutions and career opportunities. www.nasdaq.com
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
