Beeks Financial Cloud Group plc (LSE:BKS) has secured a multi-year agreement with the Stock Exchange of Thailand to deploy its Exchange Cloud platform as part of the exchange’s market infrastructure.

Under the agreement, Exchange Cloud will provide connectivity, market data and co-location services through a single managed environment.

The platform is expected to go live during the first half of Beeks’ FY27. The agreement will operate under a revenue-share model, providing Beeks with a source of recurring revenue over the term of the contract.

Stock Exchange of Thailand becomes eighth Exchange Cloud customer

The Stock Exchange of Thailand will become the eighth exchange to adopt Beeks’ Exchange Cloud offering.

The contract also expands Beeks’ presence in the Asia-Pacific region, where the company is seeking to increase adoption of its infrastructure services among exchanges and other capital markets customers.

Exchange Cloud provides on-premise cloud infrastructure designed for exchanges and trading venues, combining computing capacity, connectivity and related services.

Beeks expands capital markets infrastructure business

Beeks Financial Cloud Group plc is a UK-listed managed private infrastructure provider serving capital markets and financial institutions.

The company provides Infrastructure-as-a-Service designed for low-latency computing, connectivity and analytics. Its services allow customers to deploy infrastructure and connect with exchanges, trading venues and public cloud environments through hybrid cloud configurations.

Beeks was founded in 2011 and is headquartered in Renfrew, Scotland. The company has more than 100 employees globally and is ISO 27001 certified.