Paisley financial cloud firm to recruit 20 staff as Hong Kong expansion begins

Renfrewshire-based provider of cloud infrastructure to the finance industry, Beeks Financial Cloud, is set to create 20 jobs as part of a £2 million investment in its facilities.

The firm, led by chief executive Gordon McArthur, is also expanding its operations into Hong Kong as it targets clients and brokers across China.

Beeks announced that it has fully deployed its hosting, colocation, and low-latency connectivity offerings in Equinix’s International Business Exchange located in HK1. The new location is Beeks’ eighth datacentre worldwide and second in Asia, joining Equinix TY3 in Tokyo.

McArthur, a veteran of technology giant IBM who launched the group under the Beeks FX banner in 2011, said the move comes as it seeks to provide customers with “secure and fast connectivity” in a region where internet connections are often unstable.

He added: “We believe China represents a significant growth market for us, both in terms of securing new broking clients within China and enabling our existing clients to trade more effectively in the Chinese market.

“Our presence in HK1 will be extremely valuable to our customers as we continue to connect the globe and offer new opportunities to source liquidity.”

Victor Hendrix, global director of sales & marketing at Beeks, said: “We’ve listened to our customers, and we’re thrilled to now be able to offer them reliable connectivity and hosting in Hong Kong.

“Our presence in HK1 will be extremely valuable to our customers as we continue to connect the globe and offer new opportunities to source liquidity.”

The expansion in China comes as Beeks launches its network operations centre at Paisley, from where it carries out real-time monitoring of its “global financial cloud”.

The company unveiled its brand new, state-of-the-art Network Operations Center (NOC) at their Scottish headquarters earlier this month and is currently in the process of recruiting 20 staff to be based at the centre amid a £2m investment planned for the next three years.

The Beeks NOC is a centralized location from which the company provides real-time monitoring of the health of its Global Financial Cloud. The company is currently in the process of recruiting 20 new staff to be based at the centre.