Beeks Financial Cloud rolls out Bare Metal Automated Backup Service

Cloud computing and connectivity provider for financial markets Beeks Financial Cloud Group PLC (LON:BKS) has earlier today announced the launch of a Bare Metal Automated Backup Service. It will be initially available within Beeks’s London locations and subsequently in its other locations.

This is an automated server image backup for Dedicated Servers and storage within Dedicated Servers, providing backup images of customers’ data in Beeks’ offsite location, via a secure dedicated backup network.

Beeks has launched the service to respond to the growing compliance and regulatory pressures for backup and storage being experience by its customers. The service will be provided under a ‘pay-as-you-store’ model, providing another recurring revenue stream for the Group. The service is being rolled out following a successful proof of concept testing with a small customer set, who are now live on the service.

Gordon McArthur, CEO of Beeks Financial Cloud, commented, “The aim of this Backup service is to further increase the security options available to our clients in order to best protect their data, which is of the utmost importance to us. With the ever-increasing threat of hacking and malware attacks, security and backup procedures are imperative, particularly in a sensitive industry such as automated trading. I am extremely pleased to announce this server imaging addition to our offering and look forward to its implementation in London and other locations later in the year.”

Earlier in September, Beeks posted its financial results for the year to end-June 2019, with revenues and gross profits staging a rise from the preceding year. Group revenues increased by 31.7% from the prior year to £7.35 million, on the back of continued organic growth. The CNS acquisition contributed £0.1 million revenue in the final two months of the year.