Beeks Announces Launch of Proximity Cloud

Beeks Financial Cloud Group PLC, a cloud computing and connectivity provider for the financial markets, announced that it has launched Proximity Cloud, a private cloud environment for financial markets.

Proximity Cloud is a high-performance, dedicated and client-owned trading environment, fully optimised for low latency trading conditions and built with security and compliance at the forefront.

Being hosted and managed on a client site, as opposed to within a Beeks facility, this new offering addresses a significant part of the market that was previously unavailable to the company.

Earlier in December 2020, Fazzaco reported that Beeks has introduced Analytics as a Service​ to their growing portfolio of services, an exciting new network monitoring and trade analytics tool that uses Velocimetrics technology to provide financial clients with the ability to consume powerful wire-based analytics as a cloud hosted offering.