Beeks Group to provide on-demand cloud compute solution for ICE Global Network
09/13/2022

Beeks Group announce launch of new offering combining its on-demand compute service with ICE Global Network’s (IGN) hosting and data access capabilities.

Online PR News – 13-September-2022 – RENFREW, UK – Collaboration with ICE Global Network provides end-user private cloud solutions to their clients using Beeks Exchange Cloud technology.

Beeks Group is pleased to announce the launch of a new offering combining its on-demand compute service with ICE Global Network’s (IGN) hosting and data access capabilities to offer clients an end-to-end solution. IGN is part of ICE Data Services, a division of Intercontinental Exchange (NYSE: ICE).

The successful collaboration between IGN, which provides high quality content, delivery and execution services through an ultra-secure, highly resilient network, and Beeks Group’s Exchange Cloud provides a pre-integrated market-leading solution with security at the forefront.

IGN can now deliver additional value to their clients with Beeks Group’s Exchange Cloud infrastructure, compute and analytics offering private cloud services at their NY4 data centre in Secaucus, NJ with plans to further expand the service in IGN data centres around the world.

“ICE Global Network offers global market participants a high-quality, focused service with access to more than 150 liquidity centres,” says Margaret Niche, Head of ICE Global Network. “Our work with Beeks now gives these participants the ability to combine IGN’s capabilities with Beeks Group’s virtual compute services and analytics. It provides market participants with a comprehensive solution that offers the flexibility they need to be agile in an ever-changing trading environment.”

Beeks has provided IGN with a full, white-label solution to offer their clients compute on demand via virtual and dedicated servers as well as Beeks Analytics. Integrated within the Exchange Cloud solution, Beeks Analytics will help allow IGN clients to realise a fine-grained view of network performance and market data within their private environment.

“Regulatory compliance concerns continue to be the most significant cloud challenge for the financial services sector”, says Gordon McArthur, CEO at Beeks. “We’re delighted to have been working with ICE over the past year to deliver an in-colocation, private cloud deployment for their Capital Markets clients that not only meets those exacting standards, but eliminated some of the risks, making it a lot easier for market participants to add value to their business.”

“Beeks technology is a valuable fit for IGN”, Gordon continues, “and we look forward to a successful relationship and delivering value via our on demand compute service”.

To find out more about Beeks Group’s on demand compute service, please visit: https://beeksgroup.com/services/managed-cloud/exchange-cloud/

ICE Global Network is part of Intercontinental Exchange (NYSE: ICE). To learn more about ICE Global Network, please visit: https://www.theice.com/data-services/global-network.