BEEKS FINANCIAL CLOUD GROUP PLC

Regulatory Filings • Jul 11, 2019

National Storage Mechanism | Additional information

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RNS Number : 1356F

Beeks Financial Cloud Group PLC

11 July 2019

Beeks Financial Cloud Group plc

("Beeks") 

Beeks Financial Cloud partners with IPC

Glasgow, July 11th, 2019 -- Beeks Financial Cloud Group Plc, a cloud computing and connectivity provider for financial markets, is pleased to announce a collaboration with IPC Systems, Inc. (IPC) a leading global provider for the financial markets community, delivering secure, compliant communications and networking solutions.

IPC will act as the preferred vendor for Beeks' global WAN infrastructure, while Beeks will be the preferred cloud vendor for IPC's Connexus Infrastructure Services, underpinning and providing infrastructure for IPC's Connexus Cloud customers. This collaboration delivers a unique opportunity for customers to benefit from IPC's market leading network ecosystem and Beeks' leading financial cloud.

As experts in their industry of low-latency financial infrastructure provision, both organisations are ideally equipped to supply the services that each requires.

Gordon McArthur, Beeks Financial Cloud CEO, commented: "Our partnership with IPC for a strategic exchange of services highlights our versatile offering, in supplying solutions to other technology providers that require our capabilities. This collaboration looks to bring advantages to both sides and will consequently bring a more efficient service offering to customers, with a greater range of capabilities."

Robert Coole, Vice President Cloud Technologies at IPC, commented: "We are pleased to collaborate with Beeks and bring significant benefits to both of our customers. Connexus Cloud is an unparalleled multi-cloud solution for the global financial markets and empowers the use of cloud for secure, high-performance data and voice communications. In doing so, it provides a tremendous competitive global advantage that will further enhance the value of this agreement."

For further information, please contact:

Beeks Financial Cloud Group plc
Gordon McArthur, CEO	via Alma PR
Fraser McDonald, CFO
Cenkos Securities plc	+44(0)131 220 6939
Derrick Lee / Beth McKiernan
Alma PR	+44(0)20 3405 0212
Caroline Forde / Josh Royston / Helena Bogle

ABOUT IPC

IPC is a technology and service leader powering the global financial markets. It helps clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With a customer-first mentality, IPC brings together one of the largest and most diverse global financial ecosystems spanning all asset classes and market participants. As the enabler of this ecosystem, IPC empowers the community to interact, transact and react to market changes and challenges, and collaborates with its customers to help make them secure, productive, compliant and connected. Visit ipc.com and follow on LinkedIn and Twitter (@IPC_Systems_Inc).

ABOUT BEEKS FINANCIAL CLOUD

Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income and cryptocurrency financial products. With eleven data centres globally and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients. For more information, visit: www.beeksfinancialcloud.com.

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