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Beanfield acquires Eclipse trading communication products

Beanfield Metroconnect has acquired the family of Eclipse trading communication products from Wesley Clover Solutions, a New York-based telecommunications service provider.

Beanfield Metroconnect has acquired the family of Eclipse trading communication products from Wesley Clover Solutions, a New York-based telecommunications service provider. No financial terms were disclosed. Beanfield, the owner and operator of a fibre-optic network in Toronto and Montreal, was recapitalized in 2020 by DigitalBridge, a US digital infrastructure firm.

PRESS RELEASE

TORONTO–(BUSINESS WIRE)–Today, Beanfield Metroconnect has announced its acquisition of the entire family of Eclipse trading communication products from Wesley Clover Solutions.

By incorporating this powerful, yet fully portable, cloud-based turret system into its telecommunications offering, Beanfield can now help financial services customers to transition from legacy to next generation communications solutions, and realize their digital transformation goals while reducing risk, complexity, and cost.

Beanfield customers already enjoy access to the private Trader Link SIP Network, connecting the Canadian financial markets from coast to coast, as well as industry-leading low latency routes between all key Financial hubs, and Cloud Connect services to all major cloud infrastructure ecosystems and SaaS providers.

“Beanfield is committed to providing the tools to connect disparate systems within the Canadian Financial community and helping customers move confidently towards a converged, cloud-based environment,” says Dan Kernohan, Vice President, Sales, at Beanfield. “Beanfield has always strived to provide industry leading solutions with our clients’ needs in mind. This has allowed us to build and gain the trust of many of Canada’s financial institutions. We are very excited about the addition of such a game-changing solution to our offering.”

Beanfield will showcase the latest Trading Floor Solutions, a fully hosted, all-in-one communications system ­­— with the cloud-based turret system integrated ­­— at the TMX Equities Trading Conference on June 8, 2022 in Toronto.

About Beanfield Metroconnect
Beanfield is a telecommunications company unlike the rest. We recognize the importance of connecting communities and the people within them, and we do this without sacrificing outstanding customer support and superior services. At Beanfield, it’s about building communities, not just networks. Founded in 1988, Beanfield builds, owns and operates the largest independent fibre-optic network in Toronto and Montreal. We connect over 3,000 commercial and residential buildings. All of our construction, installation, and customer experience teams are in-house, giving you the most efficient and streamlined experience possible, because we believe that’s How it Should Be. www.beanfield.com