Company B-next becoma a new member of Lviv IT Cluster

b-next is a specialist provider of proven multi-venue, multi-asset class, Capital Markets Surveillance and Compliance software solutions to meet regulatory mandates, manage risk and drive trading efficiencies. The b-next Capital Markets Compliance (CMC) solution is a single integrated compliance platform for detection of Market Abuse, Insider Trading, Conflicts of Interest, Derivatives/OTC Monitoring, Best Execution reporting and monitoring of trading activity.

Recent Libor and FX benchmark price manipulation scandals, high profile insider trading and market abuse cases have damaged investor confidence in capital markets, and inflicted massive financial and reputational damages to the banks involved. This has highlighted the need for banks, brokers, exchanges, and buy-side market participants to invest in robust trading surveillance and compliance systems.

«We have recruited a team of young, very well-educated, excellently trained and highly motivated IT specialists in Lviv. Suitable premises for an office space were found and we are now on the way to achieve the first major successes with this new team.

We consider the Lviv IT Cluster being an ideal platform to strengthen and expand this position. I personally like the style this organisation works and totally agree on its targets. It helps to develop a modern and as I believe powerful IT-Community and delivers a supportive environment in a (new) European Country to us. So it helps me to do what an entrepreneur always should do: Build the Future!” – CEO of b-next Wolfgang Fabisch.

Lviv IT Cluster creates the image of Lviv as of a city open for business, specifically foreign. We are happy that b-next, a powerful German company, has joined our community. We are sure that we are all united with one goal – develop IT – and our cooperation will have positive results in the nearest future. – CEO of Lviv IT Cluster Stepan Veselovskiy.

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Lviv IT Cluster is a community which unites leading IT companies which together work on systematic changes in the business-environment of the city.