Beeks Financial Cloud Ltd, a global provider of financial cloud infrastructure, has extended its connectivity offering and scale to Hong Kong, linking into Equinix’s International Business Exchange (IBX) in HK1, per a Beeks statement.
The new location and connection into HK1 follows on the heels of recent growth for the latency service provider, which constitutes its eighth data center worldwide and second hub in Asia, joining Equinix TY3 in Tokyo previously. The new hub helps institutional customers better access Chinese retail traders, which is slated to pay dividends as the company continues to grow in scope and scale.
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Moreover, the expansion to Hong Kong also helps offer secure and fast connectivity to a region that is particularly vulnerable to latency woes. The deployment of its hosting, colocation, and low-latency connectivity offerings into HK1 also helps satisfy a pent up demand that had been facing Beeks, which illustrates the importance clients had placed in the region.
The offering is important for Chinese brokers, banks, and other trading venues looking to source and provide liquidity on a global scale – furthermore, the new connectivity will allow brokers to transact business in China. Following the extension, HK1 to NY4 dedicated fiber has gone live with immediate effect and is available to Beeks clients. Moving forward, HK1 to LD4 will be available for use next month, while HK1 to TY3 is slated for availability as early as December.
According to Gordon McArthur, Chief Executive Officer at Beeks Financial Cloud, in an exclusive statement to Finance Magnates on the offering: “Connectivity and cloud in Hong Kong is only part of the battle as you need a variety of components to be provide fast service for clients. As our business centers continue to grow globally, we have also built a new network center in Scotland and UK, which includes centralized global monitoring hub in real time.”
“We’ve listened to our customers, and we’re thrilled to now be able to offer them reliable connectivity and hosting in Hong Kong. Our presence in HK1 will be extremely valuable to our customers as we continue to connect the globe and offer new opportunities to source liquidity,” added Victor Hendrix, Global Director of Sales & Marketing at Beeks Financial Cloud, in an accompanying statement.