Beeks Financial Cloud expands its international network of datacentres

Maria Nikolova

The company is increasing its international footprint with three new datacentres, located in Singapore, London and Paris.

Cloud computing and connectivity provider for financial markets Beeks Financial Cloud Group PLC (LON:BKS) continues to grow its international footprint. Today, the company announces the addition of three new datacentres, located in Singapore, London and Paris, to its network.

The latest additions bring Beeks’ international network to a total of 15 datacentre locations.

Beeks is taking space in the Equinix SG1 datacentre, marking the company’s second site in Singapore, and in Equinix LD8, becoming its fourth site in London. The company is also launching in France, within the Equinix PA3 Paris datacentre.

The expansion has been prompted by continued growth in client demand for these locations, the company explains, with all new locations backed by initial client deployments. The addition of these three new locations, and an increase in capacity at existing sites, means Beeks has increased its datacentre capacity by approximately 45% in the last nine months.

Earlier in January, the company announced it received a Scottish Enterprise R&D grant to invest in its Network Automation project. The funding will be used to accelerate the project, which will facilitate growth and expansion at Beeks’s Glasgow headquarters and enable Beeks to broaden its product offering, in particular to the Tier 1 financial services market. This cross-system project aims to fully automate Beeks’ network infrastructure deployment, enhancing Beeks’ ability to capitalise on the growing adoption of cloud computing infrastructure by Tier 1 financial institutions.

The grant is payable in installments over the next three years. It is expected to contribute up to approximately £2 million based on an overall project spend of up to £4.2 million.

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