In a major breakthrough, Beeks Financial Cloud Group Plc (LON:BKS) has revealed Nasdaq as the latest customer for its cutting-edge Exchange Cloud service. This announcement cements Beeks’ position as a leader in providing low-latency cloud computing and connectivity solutions to capital markets.
The company disclosed that its Exchange Cloud service is now operational within Nasdaq’s core data centre in Carteret, New Jersey, with additional customers expected to come on board by late February. According to analysts at Canaccord Genuity, this development “supports Beeks’ growth aspirations” and is a key factor underpinning their forecast of approximately 40% organic revenue growth for FY25.
Beeks’ partnership with Nasdaq—one of the world’s largest stock exchanges by market capitalisation—is not only a landmark achievement but also a potential catalyst for further deals. As noted by Canaccord Genuity analysts Kai Korschelt, Hayley Palmer, and Tom Like, “such an impressive blue-chip logo reference customer will likely catalyse additional interest in Beeks’ unique Exchange Cloud offering.”