Tick-tock – Beeks’ Contracts

Shifting business model

Beeks’ (BKS) key selling point is that they can provide a server, located in a financial exchange with low-latency connectivity, within the same day rather than the weeks or months it would take their competitors or for the customer to set up their own server. At IPO they planned to expand by a) adding new locations / connectivity, b) acquisitions, both bolt-on and strategic, c) using plc status to engage larger clients. You read more in their admissions document.

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