15th Jun 2026 09:27
(Alliance News) - Beeks Financial Cloud Group PLC on Monday said it has won a five-year software contract with an existing customer, taking its year-to-date deal win total to around USD10 million.
Beeks shares were 7.5% higher at 215.00 pence each in London on Monday morning.
The Renfrew, Scotland-based cloud computing and connectivity provider said the deal is for the deployment of the Market Edge Intelligence offering, and has a total value of USD3.0 million.
"The customer, a leading North American exchange operator, has expanded its deployment of Beeks Analytics and will also deploy Market Edge Intelligence in New York. Revenue recognition is expected to commence immediately," Beeks said.
Market Edge Intelligence is an artificial-intelligence powered analytics platform allowing for the monitoring of monitor capital markets data.
Beeks said the deal win brings its total contract value for 2026 to date to around USD10 million.
"We are delighted to have secured our third Market Edge Intelligence contract within months of launch, providing strong validation of the power of the offering and its opportunity. As customers increasingly seek AI-powered insight closer to where data is generated and consumed, we believe Market Edge Intelligence is well positioned to address a growing market need," Chief Executive Officer Gordon McArthur said.
"We have enjoyed an outstanding June, and the pipeline across all offerings remains strong, providing a long runway of growth ahead."
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Beeks Financial Cloud