Exchange Win

Grupo Bolsa Mexicana de Valores partners with IPC to deploy Beeks infrastructure, becoming the fourth Exchange customer

18 February 2025 - Beeks Financial Cloud Group plc (AIM: BKS), a private infrastructure and connectivity provider for financial markets, is delighted to announce that Grupo Bolsa Mexicana de Valores (BMV), the second-largest exchange in Latin America, has signed an agreement with IPC to deploy Beeks' technology infrastructure for co-location. The deployment includes primary and disaster recovery sites in Mexico City, providing a secure solution to support BMV's market growth and innovation.

With the launch of this new infrastructure, set to go live in the second half of 2025, BMV will provide secure and scalable co-location services to its clients. This will allow clients to host their operations directly on the platform, eliminating the need for a proprietary site, reducing barriers to entry for market participants and facilitating their operation in the Mexican financial markets.

The agreement has been signed with Beeks' partner, IPC, a leading provider of electronic trading solutions for the global financial markets, marking an intended multi-year partnership between Beeks, IPC and BMV. Beeks will manage end-to-end deployment of the infrastructure.

With revenue recognition set to commence at the point of the solution's delivery, the deal further underpins the Board's FY25 expectations and adds to the Company's increasing levels of contracted, multi-year, recurring revenue.

BMV is the fourth major international exchange to implement the Beeks infrastructure, reinforcing Beeks' positioning as a trusted partner for financial institutions. The Company is confident in fulfilling the offering's transformational potential, with advanced discussions taking place with other major Exchanges across the globe.

Jorge Alegría, CEO of Grupo BMV, commented: "This agreement allows us to deliver cutting-edge technology, with a low-latency infrastructure deployed locally in Mexico City. We are well-positioned to meet the evolving needs of our market participants, remain at the forefront of innovation and as a leader in the region."

Gordon McArthur, CEO at Beeks, commented: "We're proud to partner with BMV and leverage our established relationship with IPC to deliver cutting-edge solutions to the financial markets. With four major exchanges now signed up and more in discussion, we have never been more confident in our ability to capture the opportunity ahead."

Find out more at beeksgroup.com

About Grupo Bolsa Mexicana de Valores

The Mexican Stock Exchange with more than 130 years of experience makes it possible for the securities and derivatives market to operate in Mexico, through a group of leading companies that offer services in the capital, derivatives and debt markets, as well as post-trade services, information products and added value.

To learn more, visit www.bmv.com.mx/en/Grupo_BMV