Beeks Enters into ASX’s Australian Liquidity Centre

Beeks, a cloud computing and connectivity provider for the financial markets, announced that it has extended their Asia-Pacific presence with access to the Australian Securities Exchange (ASX) offering colocation services into the Australian Liquidity Centre (ALC) to allow direct market access and low latency cloud services.

The Australian Liquidity Centre is the only data centre developed specifically for financial markets in Australia and is the fabric which brings together a diverse community of counterparties. This state-of-the-art colocation facility creates unique opportunities for customers by connecting them directly to the financial markets and each other.

"The ALC is the technological heart of Australia's financial markets and we are delighted that Beeks has extended their global platform directly into our ecosystem", said Adam Bradley, General Manager and Head of Sales for ASX Tech & Data.

"We pride ourselves in being able to react quickly to client demands, and as a result we have rolled out a range of cloud services within the ALC data centre that will allow our clients to plug into the fabric of Australian financial markets," explains Gordon MacArthur, CEO at Beeks Group. "As part of our growth strategy we'll continue to explore new markets to expand our global presence and we're really looking forward to growing our partnership with ASX."

Earlier in August, Fazzaco reported that Beeks 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.