Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, today confirmed that the major Exchange Cloud Customer announced on 6 February 2024 is the Nasdaq Stock Market.
The service is now live, with customers expected to be on-boarded at the end of February.
Beeks enables the world’s major exchanges to become the cloud for their end users. The agreement enables Nasdaq to offer access to cloud infrastructure and analytics to its thousands of members. Utilising Beeks’ existing inventory, Exchange Cloud will initially be deployed in Nasdaq’s core data centre in Carteret NY11, New Jersey, with the potential for further expansion.
Consequently, this material multi-year contract has scope to grow, further supporting the Group’s growth aspirations, as well as underpinning the Board’s FY25 expectations.
Gordon McArthur, CEO at Beeks, commented:
“We…
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