Beeks Financial Cloud, a global leader in financial cloud infrastructure, announced today that it has formed a partnership with Seabury FXone, a provider of FX liquidity management solutions and a subsidiary of Seabury Group, that establishes a one-stop solution for low latency connectivity to Equinix’s New York (NY4) and Tokyo (TY3) data centers.
“This partnership is a solid step in the right direction to further expand our global footprint. Seabury FXone provides a strong validation of our institutional focus this year, and we’re pleased to connect our customers with FXone’s software and liquidity.”
Seabury FXone customers now benefit from Beeks’ existing cloud offerings at these facilities. In establishing the connectivity and compute, the first components were delivered only three days after the initial call on client requirements, thereby expediting the connectivity build. And because of Beeks’ robust and proven hosting solution, FXone is delivering connectivity at a highly competitive price point with a substantially reduced time to market for its clients.
“FXone is excited about the opportunity to partner with a service provider who is already established in the Tokyo marketplace,” commented Seabury FXone Chief Technology Officer Michael Bundy. “Beeks Financial Cloud has a deep understanding of the local market that we can leverage for our customer base, and they are a proven leader in the field.”
Beeks CEO Gordon McArthur said, “This partnership is a solid step in the right direction to further expand our global footprint. Seabury FXone provides a strong validation of our institutional focus this year, and we’re pleased to connect our customers with FXone’s software and liquidity.”
Beeks Financial Cloud recently announced its expanded reach in Asia through its new partnership with Audacity Capital, a Dubai-based proprietary trading firm, which has chosen Beeks as its connectivity and server hosting solution.
ABOUT BEEKS FINANCIAL CLOUD
Beeks Financial Cloud is a UK-based low latency service provider for institutional capital markets. With seven data centres globally and low latency connectivity between sites, Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients trading forex/futures and equities.
ABOUT SEABURY FXONE
Seabury FXone is a U.S. based, financial technology company that has developed, owns and operates a proprietary trade execution system enabling a diverse group of institutional end-user clients to electronically submit Foreign Exchange and Precious Metals orders for the purpose of finding and routing to the best available price. Numerous liquidity providers stream actionable, live prices to fill client orders, manage their risk or adjust their inventory.
ABOUT SEABURY GROUP
Seabury Group LLC is a global firm founded in 1995 with two principal groups, Seabury Advisory Group LLC (“SAG”) and Seabury Capital LLC (“SeaCap”). SAG is a global advisory practice with professionals on five continents and more than 15 countries covering Aviation, Aerospace & Defense, Financial Services, Government Services, Logistics, Maritime, Transportation and related industries. SAG has partnered with more than 300 clients located in more than 50 countries on more than 1,200 engagements to solve complex challenges requiring consulting, investment banking, restructuring and/or information technology solutions.
SeaCap owns and operates a number of specialty finance companies providing innovative cross-border financing for equipment and trade receivables as well as insurance-backed auto service and financial obligations. SeaCap recently launched a merchant banking business to take minority equity positions in, and to provide debt financing to, middle market companies. SeaCap also owns software companies providing enterprise solutions to airlines, aerospace companies and provides a range of electronic trading solutions to buy-side and sell-side firms in the Foreign Exchange market. www.seaburygroup.com
