Beeks announces entry into ASX’s Australian Liquidity Centre

September 15, 2021 - Financial markets connectivity provider Beeks Group has extended their Asia-Pacific presence with access to the Australian Securities Exchange (ASX) offering colocation services into the Australian Liquidity Centre (ALC) to allow direct market access and low latency cloud services.

The Australian Liquidity Centre is the only data centre developed specifically for financial markets in Australia and is the fabric which brings together a diverse community of counterparties. This state-of-the-art colocation facility creates unique opportunities for customers by connecting them directly to the financial markets and each other.

“The ALC is the technological heart of Australia’s financial markets and we are delighted that Beeks has extended their global platform directly into our ecosystem”, said Adam Bradley, General Manager and Head of Sales for ASX Tech & Data.

“The entry of Beeks provides further options for our international and domestic customers who require private cloud services, built for the exacting requirements of financial markets firms. Regardless of which liquidity venue access is required for, the barriers of entry into Australian financial markets continue to be reduced by these types of collaborations. Once locally connected within the ALC or over ASX Net, new and existing customers can also gain access to ASX DataSphere for enhanced historical data offerings. We look forward to working with Beeks to support and create value for our customers.”

The Beeks Group infrastructure comprises a growing global network of data centres that allow direct, secure access to key financial hubs and exchange locations. Beeks’ on demand low-latency financial cloud infrastructure exclusively serves capital markets and financial services across Americas including Canada, Europe and Asia-Pac.

“We pride ourselves in being able to react quickly to client demands, and as a result we have rolled out a range of cloud services within the ALC data centre that will allow our clients to plug into the fabric of Australian financial markets,” explains Gordon MacArthur, CEO at Beeks Group. “As part of our growth strategy we’ll continue to explore new markets to expand our global presence and we’re really looking forward to growing our partnership with ASX.”

Beeks Group Asia-Pacific footprint already includes Hong Kong, Tokyo and Singapore, including an exclusive Co-location as a Service (CaaS) collaboration within the Singapore data centre. This service removes commercial barriers to entry by way of an on-demand virtual or bare metal dedicated infrastructure within SGX Co-Location Tier-1 rack space.