Beeks Announces the Launch of Beeks Analytics as a Service

Beeks Financial Cloud Group plc, a financial markets connectivity provider, announced the launch of Beeks Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term as a Service, a cloud-neutral monitoring solution for the financial markets. The company developed the service using Velocimetrics technology.

In an official announcement today, the company mentioned that Beeks Analytics as a Service provides an opportunity for financial market firms to use powerful network monitoring along with wire-based trade analytics as a cloud-hosted offering.

The financial markets connectivity provider claims that Beeks Analytics as a Service is an industry-first cloud-neutral monitoring solution for the financial markets. The company further added that this is the first product that offers sophisticated analytics to the organisations in the cloud, regardless of who hosts their infrastructure.

The clients will now have the flexibility of cloud-based analytics without the issue of compromising their data location. Beeks Analytics as a Service will be hosted within Beeks Financial Cloud on dedicated hardware, according to the announcement.

Commenting on the launch, Gordon McArthur, CEO at Beeks Financial Cloud Group, said: "Our mission is to make the cloud work for financial markets. Providing our customers with a view of their trading performance right the way down to individual network packets, at microsecond resolution, is a critical element that financial firms struggle within the cloud and which Beeks is now able to offer. We feel there will be strong up-take for this product across all asset classes, but particularly in the FX market, where customers need to manage connectivity to large numbers of different sources of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term."

Velocimetric Acquisition

Finance Magnates reported about the acquisition of Velocimetric, a UK-based network monitoring and trade analytics company, by the Beeks Financial Cloud Group earlier this year. The company made its intention very clear with the acquisition to add an analytics offering to its service. Beeks recently expanded its partnership with cloud solution provider, IPC.