Beeks Financial Cloud Group plc (LON:BKS), a private infrastructure and connectivity provider for financial markets, today announced that Grupo Bolsa Mexicana de Valores (BMV), the second-largest exchange in Latin America, has signed an agreement with IPC to deploy Beeks’ technology infrastructure for co-location.
The deployment includes primary and disaster recovery sites in Mexico City, providing a secure solution to support BMV’s market growth and innovation.
With the launch of this new infrastructure, set to go live in the second half of 2025, BMV will provide secure and scalable co-location services to its clients. This will allow clients to host their operations directly on the platform, eliminating the need for a proprietary site, reducing barriers to entry for market participants and facilitating their operation in the Mexican financial markets.
The agreement has been signed with Beeks’ partner, IPC, a provider of electronic trading solutions for the global financial markets, marking an intended multi-year partnership between Beeks, IPC and BMV. Beeks will manage end-to-end deployment of the infrastructure..
BMV is the fourth major international exchange to implement the Beeks infrastructure, reinforcing Beeks’ positioning as a trusted partner for financial institutions. The Company is confident in fulfilling the offering’s transformational potential, with advanced discussions taking place with other major Exchanges across the globe.
Jorge Alegría, CEO of Grupo BMV, commented:
“This agreement allows us to deliver cutting-edge technology, with a low-latency infrastructure deployed locally in Mexico City. We are well-positioned to meet the evolving needs of our market participants, remain at the forefront of innovation and as a leader in the region.”
Gordon McArthur, CEO at Beeks, commented:
“We’re proud to partner with BMV and leverage our established relationship with IPC to deliver cutting-edge solutions to the financial markets. With four major exchanges now signed up and more in discussion, we have never been more confident in our ability to capture the opportunity ahead.”
