JSE launches Colo 2.0 with Beeks and IPC

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	[phone]
Adam James / Gordon Hamilton
Alma PR	[phone]
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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