BEEKS FINANCIAL CLOUD GROUP PLC

Regulatory Filings • Sep 26, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6975N

Beeks Financial Cloud Group PLC

26 September 2019

Beeks Financial Cloud Group plc

("Beeks" or "the Group") 

Launch of Automated Backup Service

Glasgow, 26 September, 2019 -- Beeks Financial Cloud Group Plc, a leading cloud computing and connectivity provider for financial markets, is pleased to announce the launch of a Bare Metal Automated Backup Service, initially available within its London locations and subsequently in its other locations. This is an automated server image backup for Dedicated Servers and storage within Dedicated Servers, providing backup images of customers' data in Beeks' offsite location, via a secure dedicated backup network.

Beeks has launched the service in response to the growing compliance and regulatory pressures for backup and storage being experience by its customers. The service will be provided under a 'pay-as-you-store' model, providing another recurring revenue stream for the Group. The service is being launched following a successful proof of concept testing with a small customer set, who are now live on the service.

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "The aim of this Backup service is to further increase the security options available to our clients in order to best protect their data, which is of the utmost importance to us. With the ever-increasing threat of hacking and malware attacks, security and backup procedures are imperative, particularly in a sensitive industry such as automated trading. I am extremely pleased to announce this server imaging addition to our offering and look forward to its implementation in London and other locations later in the year."

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 / Pete Lynch
Alma PR	+44(0)20 3405 0212
Caroline Forde / Josh Royston / Helena Bogle

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRASEUFMIFUSELU