“In the financial sector, where the security and integrity of data are non-negotiable, achieving SOC 2 compliance demonstrates our unwavering commitment to exceeding our clients’ security expectations.”
Gordon McArthur, CEO of Beeks Group, said: “Our clients regard SOC 2 compliance not just as a formality but as a fundamental pillar of our partnership. It’s a testament to our operational excellence, and commitment to providing secure, reliable, and tailored infrastructure solutions that meet the dynamic needs of the financial services sector.”
Beeks has achieved SOC 2 compliance for its Proximity Cloud and Exchange Cloud products, marking a significant step in reinforcing trust and security in financial markets infrastructure.
The SOC 2 accreditation is a voluntary compliance standard for service organizations developed by the American Institute of CPAs (AICPA), which specifies how organizations should manage customer data. The standard is based on the following Trust Services Criteria: security, availability, processing integrity, confidentiality, and privacy.
“Security and integrity of data are non-negotiable”
Oscar Neill, CISO at Beeks, said: “In the financial sector, where the security and integrity of data are non-negotiable, achieving SOC 2 compliance demonstrates our unwavering commitment to exceeding our clients’ security expectations.”
Gordon McArthur, CEO of Beeks Group, commented: “Our clients regard SOC 2 compliance not just as a formality but as a fundamental pillar of our partnership. It’s a testament to our operational excellence, and commitment to providing secure, reliable, and tailored infrastructure solutions that meet the dynamic needs of the financial services sector.”
The SEC accreditation refers to Beeks’ two distinct products, Proximity Cloud and Exchange Cloud, catering to the specific needs of the financial markets infrastructure:
- Proximity Cloud: Launched in August 2021, this product is a fully-managed, configurable compute, storage, and analytics platform designed with industry-leading low latency hardware. It allows capital markets and financial services customers to run compute, storage, and analytics on-premise. Proximity Cloud is integrated with Beeks Analytics, enabling clients to monitor their data in real time, control access, and optimize operations through a point-and-click management interface.
- Exchange Cloud: Tailored for global financial exchanges, Exchange Cloud is a fully-managed, configurable compute, storage, and analytics rack built with industry-leading low latency hardware. It allows exchanges to run these services on-premise, providing a multi-home capability that enables exchanges to offer an in co-location, branded solution. This product is designed to meet the specific needs of global financial exchanges, facilitating the running of compute, storage, and analytics with high efficiency and low latency.
