Beeks partners with Securities & Trading Technology

London, United Kingdom – 5th April 2024 – Beeks Group, a pioneer in financial cloud computing and connectivity solutions, and Securities & Trading Technology (STT), a leader in trading, clearing, and surveillance technology, are delighted to announce a strategic partnership that is set to reshape the future of exchange trading and clearing services. This collaboration introduces an innovative, service-based solution designed to meet the evolving needs of the global financial markets.

At a time where the efficiency, reliability, and scalability of trading and clearing solutions are paramount, this partnership represents a significant leap forward. By combining Beeks' state-of-the-art financial cloud infrastructure with STT's sophisticated trading and clearing systems, clients will benefit from a comprehensive suite of services that promises to streamline operations, reduce costs, and enhance market competitiveness.

A Comprehensive Solution for Modern Trading Challenges

With this partnership, the offering will cover all aspects of exchange trading, from execution and risk management to surveillance, post-trade clearing, and settlement processes. Delivered as a fully managed service, this solution liberates financial institutions from the burden of heavy infrastructure investments and operational overhead, allowing them to focus on their core business activities.

Beeks, renowned for its ultra-low latency infrastructure-as-a-service, and STT, with its rich history of developing fast, reliable, and functionally advanced trading systems, are perfectly positioned to provide a seamless integration of trading and clearing solutions. This ensures not only optimal performance but also an unmatched user experience.

Empowering the Financial Industry through Innovation

Zack Hodgson, Chairman of STT, expressed his enthusiasm about the partnership: "Joining forces with Beeks represents a pivotal moment in our journey to redefine the financial market landscape. Together, we are set to deliver a  complete state-of-the-art exchange trading and clearing solution, enabling institutions of all sizes to excel in this dynamic environment."

Gordon McArthur, CEO of Beeks, echoed this sentiment, stating, "Our collaboration with STT marks an exciting chapter in our mission to innovate the financial services industry. By leveraging our combined expertise, we will provide clients with a streamlined, risk-mitigated solution that is poised to transformthe way financial institutions operate."

This partnership underlines the shared commitment of Beeks and STT to fostering innovation and supporting financial institutions in navigating the complexities of modern trading environments. With a focus on efficiency, reliability, and scalability, Beeks and STT are dedicated to setting new industry standards and delivering exceptional value to clients worldwide.

About Beeks 

Beeks is at the fore front of financial technology, providing cloud computing and connectivity solutions specifically designed for the financial markets. Specializing in low latency infrastructure-as-a-service, Beeks supports the trading activities of banks, financial exchanges, asset managers, brokers, and independent software vendors across the globe.

Find out more about Beeks at beeksgroup.com

About Securities & Trading Technology (STT)

STT is a trusted, leading provider of financial market software and solutions for businesses worldwide, renowned for its state-of-the-art, flexible, and innovative technology offerings. Its core products cover exchange, trading, surveillance, clearing, depository, risk management and back-office solutions, customised as necessary to meet clients’ unique needs. Backed by unparalleled service and ongoing support, STT’s dedicated and experienced team is committed to developing products that are easy to use and reliable, empowering its clients in driving their businesses forward.

Find out more about STT at www.stt-software.com