Beeks Financial Cloud Group plc (LON:BKS), a cloud computing and connectivity provider for financial markets, has announced that it has signed a multi-year Exchange Cloud contract with nuam, the regional holding company that integrates the stock exchanges of Santiago, Colombia, and Lima.
nuam is the first multi country integrated exchange in Latin America, uniting the Santiago Stock Exchange (Chile), Bolsa de Valores de Lima (Peru) and Bolsa de Valores de Colombia under a single market architecture.
Under the terms of the revenue share agreement, Beeks will deploy its Exchange Cloud infrastructure to support both domestic and international clients onboarding onto the Exchange’s trading ecosystem across all three countries.
The service is expected to go live in Q3 FY26 with revenue recognition set to commence shortly thereafter, further underpinning the Board’s FY26 expectations and increasing the Company’s levels of contracted, multi-year, recurring revenue.
This agreement marks the seventh exchange to adopt Exchange Cloud, reinforcing the growing traction of the offering globally. The revenue share model continues to support shorter sales cycles and is contributing to the expansion of the Exchange Cloud opportunity.
The pipeline across each of the Group’s offerings remains robust, and the Company remains focused on converting its sales pipeline.
Gordon McArthur, CEO at Beeks, commented: “nuam’s creation represents a significant development for capital markets in the region, and we are proud to partner with them as they pioneer a unified regional market across Chile, Colombia and Peru. This win reinforces the appeal of our Exchange Cloud offering and the progress we are making across the exchange ecosystem as they look to modernise their trading environments. We remain confident for the future, supported by continued growth in our recurring revenues and a robust pipeline across each of our offerings.”
Juan Pablo Córdoba, CEO at nuam, said: “This agreement supports our mission to build Latin America’s first fully integrated multi-country exchange. The new capabilities are an important part of our strategy to offer the market greater liquidity, transparency, and efficiency and new opportunities for issuers, intermediaries and investors across the region.”
