Beeks Expands Partnership with IPC to Deliver New Solutions

Beeks 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 recently announced that it has expanded its strategic relationship with cloud solutions provider IPC, with the two companies set to bring a number of solutions to market.

Provider of managed infrastructure solutions, Beeks powered IPC’s Connexus Infrastructure Services under the previous partnership. However, the expanded collaboration will see Beeks become the foundational managed Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term infrastructure service provider.

Beeks Financial Cloud to Deliver More Solutions to Market

Furthermore, under the enhanced agreement, according to a statement from Beeks on Tuesday, the company will bring a suite of solutions to market. This includes infrastructure management across physical and virtual servers, firewalls and storage, combined with IPC’s Cloud product portfolio and worldwide ecosystem.

Commenting on the partnership, Gordon McArthur, CEO of Beeks, said in the statement: “Beeks and IPC are nimble organisations who pride ourselves on our abilities to service the needs of our customers with both pre-defined products as well as custom-designed bespoke solutions. We’re looking forward to our combined capabilities and powerful trading infrastructure making a difference in the daily business operations of our customers.”

Beeks and IPC will continue to work together to deliver end-to-end market solutions that bring together market data and trade lifecycle services with trading infrastructure in global datacentres.

“When we combine the power of IPC’s Connexus Cloud with the Beeks private cloud platform, we jointly ensure that our customers have an end-to-end trading solution that maximises the best parts of both organisations and delivers a cutting-edge platform,” added Bob Santella, Chief Executive Officer of IPC, in the statement.

The announcement on Tuesday follows on from Beeks Financial Cloud publishing its yearly financial results ending on June 30, 2020, showing solid growth in its business as well as profits.

As Finance Magnates reported, the company’s annual revenue jumped 27 per cent year-on-year, touching £9.36 million from the previous year’s £7.35 million. Additionally, the annualised committed monthly recurring revenue of the company soared 23 per cent to £11.2 million.