Financial cloud computing and connectivity solutions provider Beeks Group has partnered with Securities & Trading Technology on exchange trading and clearing services.
The partnership aims to produce a service-based solution designed to meet the evolving needs of the global financial markets.
The offering will cover all aspects of exchange trading, from execution and risk management to surveillance, post-trade clearing and settlement processes.
It aims to deliver a fully-managed service and relieve financial institutions from heavy infrastructure investments and operational overhead.
Chairman of Securities & Trading Technology Zack Hodgson says: “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, comments: “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 transform the way financial institutions operate.”
Securities & Trading Technology is a financial market software and solutions provider. Its core products cover exchange, trading, surveillance, clearing, depository, risk management and back-office solutions.
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