Glasgow-based Beeks Financial Cloud Group plc, a cloud computing and connectivity provider for international financial markets, announced the signing of a “significant Proximity Cloud contract with a large foreign exchange broker.”

Beeks said the five-year deal has a total contract value of £2.1 million, with revenue recognition expected to commence in the current financial year.

“Having been a Private Cloud customer since September 2025, the broker is now expanding its use of Beeks’ infrastructure, moving to Proximity Cloud, a high‑performance, dedicated and client‑owned trading environment, across multiple locations, said Beeks.

Beeks CEO Gordon McArthur said: “This latest win highlights both the strength of our offering and the significant expansion potential across our growing customer base of major financial institutions.

“We continue to see strong momentum across the business and remain focused on converting our considerable and growing pipeline.”