Proximity Cloud Win
Beeks Financial Cloud Group plc has secured a significant five-year Proximity Cloud contract valued at £2.1 million with a large foreign exchange broker, with revenue recognition commencing in the current financial year. This new deal represents an expansion of the broker's existing relationship with Beeks, moving from a Private Cloud customer to utilizing Beeks' high-performance Proximity Cloud infrastructure across multiple locations. The company highlights this win as evidence of continued commercial momentum and strong expansion potential within its growing customer base.
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Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for financial markets, is pleased to announce the signing of a significant Proximity Cloud contract with a large foreign exchange broker.
The five-year deal has a total contract value of £2.1 million, with revenue recognition expected to commence in the current financial year. Having been a Private Cloud customer since September 2025, the broker is now expanding its use of Beeks' infrastructure, moving to Proximity Cloud, a high‑performance, dedicated and client‑owned trading environment, across multiple locations.
Gordon McArthur, CEO of Beeks, commented: "This latest win highlights both the strength of our offering and the significant expansion potential across our growing customer base of major financial institutions. We continue to see strong momentum across the business and remain focused on converting our considerable and growing pipeline."
Find out more at www.beeksgroup.com
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.