IN BRIEF: Beeks Financial wins GBP2 million Proximity Cloud contract
7th Apr 2026 11:18
Beeks Financial Cloud Group PLC - Glasgow, Scotland-based cloud computing and connectivity provider - Signs "significant" five-year contract with an unnamed "large foreign exchange broker" to provide its Proximity Cloud private trading environment product. Says the deal is worth GBP2.1 million in total, and expects revenue recognition to start in the current financial year. The client has been a user of Beeks' Private Cloud platform since September and is now moving to the "client-owned" Proximity Cloud service "across multiple locations" as it expands its use of Beeks infrastructure, the company adds. Read More