Description


Beeks Financial Cloud is a profitable cloud computing and connectivity provider for automated (also known as algorithmic) trading in Forex and Futures financial products. The Group’s platform has been specifically designed for latency sensitive automated trading environments and provides ‘on demand’ low latency computing resources to its clients through its direct connectivity to various Financial Exchanges across the world.

Beeks is positioned to benefit from the growth in the market for automated trading and the growing adoption of cloud computing. The Directors believe the Company has an established reputation as a leading provider of cloud computing solutions to the global latency sensitive trading industry.  The Company operates in a fragmented market place, offering opportunity for accelerated growth through acquisition.

Visit Beeks Financial Cloud for more information.

 

Our Strategy


Beeks is an established, profitable and growing business with strong relationships and a reliable client base. It has invested in its core infrastructure so that it can scale its business up significantly on its current operational asset base.

The Group’s strategy is to grow the institutional business in Forex and Futures, both organically and through acquisitions. The Company and Directors have proven their ability to organically grow the customer base and make successful acquisitions.

The Directors believe that organic growth can be achieved through:

  • Enhancing and upgrading Beeks’ self-service web portal, which sets the Group apart from other so-called cloud providers of Trading Software;
  • Adding new data centre locations and connections to additional Trading Venues;
  • Increasing value added or complementary services which could be provided from Beeks’ existing platform to generate additional revenues from existing clients and attract new customers.

The Directors believe that the fragmented nature of Beeks’ sector will create acquisition opportunities, both bolt-on and strategic, to complement organic growth opportunities.

 

History of the Company


The Group was established in 2010 by CEO Gordon McArthur in order to provide low latency VPS (Virtual Private Server) services to the retail trading market, operating out of a single site at the Equinix NY4 datacentre in New Jersey. Within six months, it had added a site in London to serve the London Forex markets.

Over the next several years, the company gradually expanded, acquiring assets in the US, which included Gallant VPS and VDIWare LLC, and launched a presence in Hong Kong. The Group is headquartered in Glasgow and now operates from nine datacentre locations in London, New Jersey, Chicago, Frankfurt, Tokyo and Hong Kong. Customers include approximately 165 financial institutions and over 6,000 retail traders worldwide. Many of the world’s largest forex brokers white label the Beeks Financial Cloud platform for use by their customers.