Proximity Cloud Win
Source: RNS07 April 2026
Beeks Financial Cloud Group plc
("Beeks" or the "Company")
Proximity Cloud Win
£2.1m Proximity Cloud contract underlines continued commercial momentum
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."
For further information please contact:
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Beeks Financial Cloud Group plc |
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Gordon McArthur, CEO |
via Alma |
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Fraser McDonald, CFO |
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Canaccord Genuity |
+44 (0)20 7523 8000 |
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Adam James / George Grainger |
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Alma Strategic Communications |
+44(0)20 3405 0205 |
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Caroline Forde / Joe Pederzolli / Emma Thompson |
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About Beeks
Cloud computing is crucial to Capital Markets and finance.
Beeks Group is a leading managed private infrastructure provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.
ISO 27001 certified, we provide world-class security aligned to global security requirements.
Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year. Beeks Group now employs over 100 team members across the globe with the majority based at our Renfrew HQ.
Find out more at www.beeksgroup.com
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