Beeks Financial Cloud rises on Latin American exchange cloud contract

(Alliance News) - Beeks Financial Cloud Group PLC on Monday said it has signed a multi-year Exchange Cloud contract with nuam SA, the holding company that integrates the stock exchanges of Chile, Colombia and Peru.

The Glasgow, Scotland-based cloud computing and connectivity provider for financial markets said under the terms of the agreement it will deploy its Exchange Cloud infrastructure to support clients onboarding onto the exchange's trading ecosystem in Santiago, Lima and and Colombia.

It said nuam is the first multi-country integrated exchange in Latin America.

Beeks said the service is expected to go live in the third quarter of the 2026 financial year, with revenue recognition to start shortly afterwards.

It said the deal further underpins its financial 2026 expectations and increasing its level of contracted, multi-year, recurring revenue.

"The pipeline across each of the group's offerings remains robust, and the company remains focused on converting its sales pipeline," Beeks said.

"nuam's creation represents a significant development for capital markets in the region, and we are proud to partner with them as they pioneer a unified regional market across Chile, Colombia and Peru," said Beeks Chief Executive Officer Gordon McArthur.

"This win reinforces the appeal of our Exchange Cloud offering and the progress we are making across the exchange ecosystem as they look to modernise their trading environments. We remain confident for the future, supported by continued growth in our recurring revenues and a robust pipeline across each of our offerings."

Shares in Beeks Financial Cloud were up 4.0% at 252.14 pence on Monday afternoon in London.

By Michael Hennessey, Alliance News reporter

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