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Last checked at 
8 Apr 2025 07:00
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Proximity Cloud Win
08 April 2025 - 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 Proximity Cloud contract with a leading global foreign exchange ('FX') and multi-asset brokerage firm.
The contract, worth c.$2 million over four years, is for the deployment of the Beeks high performance, dedicated and client-owned trading environment across the client's core FX platform, with revenue recognition set to commence in H2 FY25, further supporting current Board expectations.
The latest win, in addition to the previously announced Exchange Cloud win with Kraken, reflects the Company's strong H2 FY25 sales momentum, with a significant pipeline remaining and further commercial wins anticipated in the near term.
Gordon McArthur, CEO at Beeks, commented: "This win reflects the growing demand for our solutions as financial services organisations accelerate their cloud strategies. We remain focused on the conversion of our substantial pipeline and we are confident in our ability to capitalise on the growth opportunity ahead."
For further information please contact:
Beeks Financial Cloud Group plc | |
Gordon McArthur, CEO | via Alma |
Fraser McDonald, CFO | |
Canaccord Genuity | +44 (0)20 7523 8000 |
Adam James / George Grainger | |
Alma Strategic Communications | +44(0)20 3405 0205 |
Caroline Forde / Joe Pederzolli / Emma Thompson |
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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