RCS - Beeks Fin Cloud Grp - JSE launches Colo 2.0 with Beeks and IPC

Beeks Financial CloudAnnouncement

12/09/2023 07:00

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RNS Number : 0611M  Beeks Financial Cloud Group PLC  12 September 2023

RNS Reach

Beeks Financial Cloud Group plc

("Beeks" or the "Company")

Johannesburg Stock Exchange launches Colo 2.0 with Beeks and IPC

12 September 2023 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud
computing and connectivity provider for financial markets, is pleased to
confirm the successful go live of the Johannesburg Stock Exchange's (JSE) Colo
2.0, making on demand private cloud computing and low latency analytics
available to JSE customers. JSE is the largest stock exchange in Africa.

Launching less than three months since the contract was announced, Colo 2.0 is
an advanced managed infrastructure as a service based on the Beeks Exchange
Cloud offering, in partnership with IPC. Colo 2.0 provides JSE customers with
leading edge innovative hosting and connectivity solutions, accessing
on-demand private cloud computing and low latency analytics.

Gordon McArthur, CEO at Beeks, commented: "We are delighted to confirm the go
live of Colo 2.0, highlighting the speed with which these significant
implementations can launch once contracts are signed. Since announcing the
deal, JSE has seen considerable customer interest in the offering,
demonstrating a clear demand for Exchange Cloud. We look forward to nurturing
a long and successful relationship with the JSE."

 

For further information please contact:

 Beeks Financial Cloud Group plc
 Gordon McArthur, CEO                               via Alma PR
 Fraser McDonald, CFO

 Canaccord Genuity                                  +44 (0)20 7523 8000
 Adam James / Gordon Hamilton

 Alma PR                                            +44(0)20 3405 0205
 Caroline Forde / Hilary Buchanan / Joe Pederzolli

 

About Beeks:

 

Beeks provides advanced technology services for capital markets and the
finance community. Using innovative trading solutions and a growing network of
global data centres, Beeks support their operations and ecosystems by
delivering low-latency compute, connectivity and analytics, on-demand. Our
cloud-based Infrastructure-as-a-Service (IaaS) model allows financial
organisations the flexibility and agility to deploy and connect to exchanges,
trading venues and cloud service providers at a fraction of the cost of
building their own networks and infrastructure. Our vision is simple: Build.
Connect. Analyse.

 

beeksgroup.com

 

About IPC: 

A specialist technology and service leader powering global financial markets
for over 50 years, IPC Systems is at the forefront of electronic trading
connectivity and state-of-the-art cloud communications, setting the standard
for exceptional service, innovation, and expertise.

IPC's customer-first approach is bolstered by an extensive and diverse
financial ecosystem that spans all asset classes and connects market
participants anywhere in the world for enhanced communication, collaboration,
and compliance. Global services include electronic trading, trading
communications, and infrastructure-as-a-service solutions.

IPC is ideally positioned to anticipate change and remain aligned with rapidly
transforming markets, and to empower customers to adapt to change, now and in
the future.

To learn more, visit www.ipc.com, explore our Insights page and follow us on
LinkedIn. 

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