Beeks Financial Cloud Group Plc (LSE:BKS) has signed a multi-year agreement with nuam, the newly formed Latin American exchange group that brings together the stock exchanges of Santiago, Colombia and Lima.

Under the contract, Beeks will roll out its Exchange Cloud infrastructure to support market participants operating across the integrated exchanges. Nuam becomes the seventh exchange globally to adopt Beeks’ Exchange Cloud offering, further extending the company’s footprint in regulated market infrastructure.

The partnership is expected to contribute to higher levels of recurring revenue for Beeks while reinforcing its position as a global provider of low-latency cloud services to capital markets. For nuam, the deployment is intended to improve liquidity, transparency and operational efficiency across the region’s capital markets.

Beeks enters the agreement from a position of financial strength, supported by recent contract wins and strategic partnerships. While growth prospects remain attractive, technical indicators point to a more cautious near-term outlook, and valuation metrics, including a relatively high price-to-earnings ratio and the lack of a dividend, may temper investor enthusiasm.

More about Beeks Financial Cloud Group Plc

Beeks Financial Cloud Group Plc is a specialist managed cloud services provider focused on the capital markets and financial services industry. The company delivers Infrastructure-as-a-Service solutions designed for low-latency trading, connectivity and analytics within a secure hybrid cloud environment. Founded in 2011 and ISO 27001 certified, Beeks employs more than 100 people globally and is headquartered in Renfrew, Scotland.

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