Wolfgang Fabisch CEO bnext Wolfgang Fabisch Chief Executive

Wolfgang Fabisch CEO, b-next

Wolfgang Fabisch – Chief Executive Officer, b-next holding AG FOUNDER of b-next Responsible for • • • BUSINESS STRATEGY, BUSINESS DEVELOPMENT and INTERNATIONAL PARTNERSHIPS 25 years of experience in the area • • • GOVERNANCE, RISK and COMPLIANCE 2

ALMOST NEIGHBOURS 3

We are from „OWL“ – Germany Ostwestfalen-Lippe Hamburg ine h dr len r No stfa e W Hanover Berlin Munich 4

DO YOU KNOW THESE GUYS? Bobby Junger € 170. 000 Tom Hayes Libor Scandal 14 Years Detention Galleon Rajaratnam $ 63. 000 Jerome Kerviel € 4. 900. 000 Kweko Adoboli $ 2. 300. 000 Nick Leeson $ 1. 400. 000 Navinder Singh Sarao £ 30. 000 5

+ 80 WORLDWIDE CUSTOMERS 60 EXPERTS 4 OFFICES IN EUROPE & THE US + 80 SURVEILLANCE SCENARIOS 25 YEARS OF EXPERIENCE Who is b-next? LEADERS AND INNOVATORS IN CAPITAL MARKET COMPLIANCE Comprehensive range of solutions for the needs of FINANCIAL INDUSTRY and THE ENERGY SECTOR Prevention / detection of insider compliance cases Surveillance of attempted market abuse and market manipulation Support of the compliance office to comply with current and future regulations 6

SOME OF OUR CLIENTS 7

OUR PRODUCT Global Control Room: comprehensive monitoring- and control cockpit for compliance officer and risk manager GLOBAL CONTROL ROOM & COMPLIANCE PORTAL Cockpits Modern, intuitive visualizations of alerts Trade. S Market Abuse Benchmark Fixing Insider Compliance Conflicts of Interest Best Execution Foundation Moduls Cross assetclass scenarios for all of regulatory requirements Foundation forms a dynamic basis for all application modules within the CMC platform 8

Challenges for today’s financial industry Real-Time Importance of speed in the financial industry Unstructured Information Integration of social networks into the Compliance Office Big Data In-Memory-DB & Cloud-Computing as Game Changing Technologies Pattern Recognition & Trend Detection The Compliance Office of the future 9

Why a response time of 0. 00010 seconds is slow! Challenges for today’s financial industry 10

Real-Time Importance of speed in the financial industry This happens in 0. 000010 seconds HFT Machines Interact with Machines Have you seen? 11

Real-Time Importance of speed in the financial industry Slow Motion: 100 times slower HFT Machines Interact with Machines 12

Real-Time Importance of speed in the financial industry Slow Motion: 100 times slower HFT Machines Interact with Machines 13

Real-Time Importance of speed in the financial industry Flash Crash 06 th of May 2010 Flash Crash Video [Platzhalter] 14

Real-Time Importance of speed in the financial industry The man who forced the Wall Street to its knees Flash Crash UK trader in fraud Arrest over US 'flash crash' - Navinder Singh Sarao, 36 - Is a graduate of Brunel University in West London - A day trader, operating a business – Nav Sarao Futures - from his bedroom in his parents' semidetached home in Hounslow - Manipulated futures markets through illegal computerized trading techniques known as The house from where Navinder Singh Sarao traded spoofing and layering - generated $40 million of trading profits 15

Importance of speed in the financial industry • The third largest US trading platform • Issue price per share for the initial public offering: $16 • Crash on the opening day by: <1 penny HFT • American Global Financial Services Firm • $10 million loss per minute! • In total: $440, 000 within 44 minutes 16

Challenges for today’s financial industry Real-Time Importance of speed in the financial industry Unstructured Information Integration of social networks into the Compliance Office Big Data In-Memory-DB & Cloud-Computing as Game Changing Technologies Pattern Recognition & Trend Detection The Compliance Office of the future 17

Big Data Challenges for financial industry Transactions up to 5, 000 Number of daily Transactions Overview by Categories 100, 000 500, 000 1, 000 Small financial institutions 5, 000 50, 000 Regional banks Private banks Investment banks Global Players 18

Big Data Challenges for financial industry Transactions Orders Up to 2. 5 billion Up to 250 million In the future Viewing Orders Up to 25 million Up to 50, 000 Small financial institutions Regional banks Private banks Investment banks Global Players 19

Challenges for today’s financial industry Real-Time Importance of speed in the financial industry Unstructured Information Integration of social networks into the Compliance Office Big Data In-Memory-DB & Cloud-Computing as Game Changing Technologies Pattern Recognition & Trend Detection The Compliance Office of the future 20

Integration of Social Networks into the Compliance Office Social Networks 21

Challenges for today’s financial industry Real-Time Importance of speed in the financial industry Unstructured Information Integration of social networks into the Compliance Office Big Data In-Memory-DB & Cloud-Computing as Game Changing Technologies Pattern Recognition & Trend Detection The Compliance Office of the future 22

Pattern Recognition / Trend Detection • Huge amounts of data need visualization Visualization of Big Data Extraction of Important Information • Not only presentation and visualization of information, but bringing added value to information Management Cockpit 23

Pattern Recognition / Trend Detection Facts • A loss of € 4. 8 billion • 3 Years prison sentence Jérôme Kerviel Société Générale • Immense reputational damage An example of Fraud 24

Pattern Recognition / Trend Detection Scenario-Cockpit Cancellations – Company Overview Number of Cancellations 80 Company 70 Jérôme Kerviel Société Générale An example Of market Manipulation 60 50 40 30 Trader J. K. 20 10 Number of Trades Jan Feb Mar April May 25

b-next Locations 11 Germany, Herford – Headquarter, Sales, Development UK, London – Sales Office Ukaraine, Lviv – Development USA, New York – Sales Office 26

TEAM LVIV Office Lviv founded end of 2014 with Dmytro as a first team member 27

A TEAM HAVING FUN ON DOING THEIR JOB 28

Office Space will be enlarged to 450 m 2 29

A TEAM INTEGRATING NEW DEVELOPMENTS AND INNOVATIONS INTO NEW PRODUCT IDEAS A TEAM BRINGING B-NEXT PRODUCT TO NEW LEVEL OF DATA REPRESENTATION TO END USERS – VISUALIZATION WITH COCKPIT 3. 0 A TEAM IMPROVING THE PERFORMANCE OF B-NEXT PRODUCT 30

Partnering EU Research Project Large scale in. Formation extraction and Integration inf. Rastructure for Suppor. Ting financial decision making - October 2010 – September 2013 - 36 months International Research Projects University Frankfurt Börse Stuttgart University Hohenheim Josef Stefan Institut Atos Research Interactive Data University Göttingen Monte dei Paschi di Siena 31

Opportunities • Internship Cooperation with Universities • Part-time job • Bachelor-, Master-Thesis 32

Research and Development at b-next Arthur Gaertner University of Applied Sciences Bielefeld Students who did interns three years ago Vitali Baerg Olesja Pauls University of Applied Sciences Bielefeld Lead Software Developer Meriem Harzalla National School of Computer Science Tunis Meriem back to Tunesia PA of CEO Lead Software Tester Waldemar Husch University of Applied Sciences Bielefeld Project Manager 33

Research and Development at b-next We are permanently looking for INTERNS Mariana Horban Lviv Office Manager, b-next Mariana. Horban@b-next. com Dmytro Prosyanko PMO Executive, b-next Dmytro. Prosyanko@b-next. com 34

Thank You! Wolfgang Fabisch CEO, b-next WF@b-next. com Mariana Horban Lviv Office Manager, b-next Mariana. Horban@b-next. com Dmytro Prosyanko PMO Executive, b-next Dmytro. Prosyanko@b-next. com 35