Beeks Financial Cloud Group PLC Expansion with Equinix

TIDMBKS

Beeks Financial Cloud Group PLC

14 May 2019

Beeks Financial Cloud Group plc

("Beeks")

Beeks Financial Cloud expands into second Equinix New York datacentre

Glasgow, May 14, 2019 -- Beeks Financial Cloud Group Plc, a leading low-latency Infrastructure-as-a-Service (IaaS) provider for financial markets, is pleased to announce that it is growing its portfolio of datacentre locations by deploying in the NY5 New York datacentre of global interconnection and data centre provider Equinix. In addition to this, Beeks has extended its current rackspace in Equinix's LD4 datacentre in London by taking a third cage.

With presence in a total of eleven datacentres currently, this move allows Beeks to continue to increase its offering to customers, supplying the opportunity for further connectivity options to financial exchanges from the new location.

It also allows the company to scale its current Equinix footprint by expansion into these particular datacentres, with Beeks running at nearly 200kva of capacity within Equinix sites. The Beeks Cloud will now operate within ten Equinix datacentres globally, providing ultra-low latency hosting and connectivity within and between these sites.

Russell Poole, Equinix's Managing Director for the UK and The Nordics, commented, "Beeks Financial Cloud is a key player in our financial services (FS) ecosystem, and it's great to have them doubling their footprint in two of our leading FS markets - London and New York. By expanding in both LD4 and NY5, Beeks can offer its customers latency in the region of 30 milliseconds between the two cities - a crucial advantage in the trading world."

Gordon McArthur, CEO of Beeks Financial Cloud, commented, "We are delighted to strengthen our partnership with Equinix by expanding in these sites. The London LD4 datacentre has always proven a popular location for our customers and it is satisfying to be able to continue to meet this demand by adding our third cage. An additional New York site will bring further hosting and connectivity options to our clients."

For further information please contact:

 
 Beeks Financial Cloud Group plc 
 Gordon McArthur, CEO                             via Alma PR 
 Fraser McDonald, CFO 
 
 Cenkos Securities plc                     [phone] 
 Derrick Lee / Beth McKiernan 
 
 Alma PR                                   [phone] 
 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.

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May 14, 2019 02:01 ET (06:01 GMT)