Stock Exchange of Thailand Exchange Cloud® win
Summary by AI BETAClose X
Beeks Financial Cloud Group plc
("Beeks" or the "Group")
Multi-year Exchange Cloud® win with the Stock Exchange of Thailand
Significant milestone in Beeks' expansion across the Asia-Pacific region
1 September 2026 - Beeks Financial Cloud Group plc (AIM: BKS), a cloud computing and connectivity provider for financial markets, is pleased to announce the signing of a multi-year agreement with the Stock Exchange of Thailand ("SET") for the deployment of Beeks' Exchange Cloud® platform across the SET market.
Beeks will deploy its Exchange Cloud® platform to underpin SET's market infrastructure, delivering a suite of connectivity market data and co-location services within a single managed environment. The service is expected to go live in H1 FY27 and revenue recognition thereafter, under a revenue share model, supporting Beeks' base of long-term, high-quality recurring revenues.
SET is one of Southeast Asia's most established and actively traded capital markets. The decision to deploy Beeks Exchange Cloud® reflects the increasing adoption of on-premise cloud as an exchange's infrastructure and SET's ambition to position itself as a technologically advanced trading environment.
The agreement represents a significant milestone in expanding Beeks' footprint in the Asia-Pacific region, establishing Beeks as the partner of choice for major exchanges across multiple target regions. It marks the eighth exchange to adopt Exchange Cloud®, as global traction continues to build, paving the way for future expansion in APAC and beyond.
Gordon McArthur, CEO of Beeks, commented:
"This adoption of Exchange Cloud® by the Stock Exchange of Thailand demonstrates the growing global appetite for on-premise cloud as an exchange's infrastructure. SET is one of Southeast Asia's most important and dynamic exchanges, and we are proud to be the infrastructure partner they have chosen.
"The contract expands our presence in the strategically important APAC region, strengthens our forward revenue visibility, and further reinforces the substantial market opportunity for Exchange Cloud®."
For further information please contact:
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Beeks Financial Cloud Group plc |
via Alma |
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Gordon McArthur, CEO |
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Fraser McDonald, CFO |
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Canaccord Genuity |
+44 (0)20 7523 8000 |
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Adam James / George Grainger |
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Alma Strategic Communications |
+44(0)20 3405 0205 |
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Caroline Forde / Joe Pederzolli / Emma Thompson |
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About Beeks:
Cloud computing is crucial to Capital Markets and finance.
Beeks Group is a leading managed private infrastructure provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.
ISO 27001 certified, we provide world-class security aligned to global security requirements.
Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year. Beeks Group now employs over 100 team members across the globe with the majority based at our Renfrew HQ.
Find out more at www.beeksgroup.com
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