Beeks Financial Cloud Joins Equinix Cloud Exchange to Expand Global Business

Equinix, a global interconnection and data centre firm, today announced that global financial Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term infrastructure provider, Beeks Financial Cloud, has deployed on Equinix's Cloud Exchange as it continues to expand its global business.

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Beeks Financial Cloud leverages Cloud Exchange and Platform Equinix to connect its customers to global cloud services and networks via a secure, private and low-latency interconnection model.

Accelerate Growth

By joining the Equinix Cloud Exchange, Beeks Financial Cloud gains access to instantly connect with multiple cloud service providers (CSPs) in 21 markets, build a more secure application environment and reduce the total cost of private network connectivity to CSPs for its customers.

Russell Poole, managing director UK, Equinix, commented: “The rapid growth of the cloud industry is driving activity in all business sectors including financial services – we are seeing more businesses partner with us to host their critical financial infrastructures off-premise in our data centers in order to get the best out of the cloud. On Equinix Cloud Exchange, we are confident Beeks Financial Cloud will continue to accelerate its growth and move quickly into new markets."

Beeks Financial Cloud has continued to grow rapidly on Equinix's interconnection platform.

Today, banks, brokers, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term companies and professional traders increasingly rely on high-speed, secure and low-latency connections for more efficient business transactions as demand for data centers and colocation services in the cloud, enterprise and financial services sector continues to grow.

Beeks' new deployment in Equinix's Cloud Exchange provides the necessary digital infrastructure and access to a mature financial services business ecosystem to connect with major financial services providers in key markets around the globe via the cloud.

Savings

The move to Equinix's Cloud Exchange is expected to help save around £1 million over the next 3 years, while enabling Beeks Financial Cloud to meet the needs of its global customer base.

Gordon McArthur, CEO, Beeks Financial Cloud, said: "Beeks Financial Cloud has continued to grow rapidly on Equinix's interconnection platform, with Hong Kong being our eighth addition. Data centers underpin our business and we are confident that Equinix's Cloud Exchange will enable the speed, resilience and reduced latency our customers have come to expect from our company. Equinix's global footprint of interconnected data centers has allowed our business to really thrive."