B-next
B-next is a German-headquartered RegTech vendor providing the CMC:eSuite modular trade surveillance and capital markets compliance platform to tier-1 banks, brokers, asset managers, exchanges, regulators, and energy firms across approximately 30 countries.
- Company typePrivate
- Founded1993
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What B-next does
B-next (legal entity: b-next engineering GmbH, with parent b-next holding AG) is a privately-held German software vendor founded circa 1993 and headquartered in Herford, Germany. The company builds CMC:eSuite, a modular compliance platform delivering multi-venue, multi-asset class trade surveillance and regulatory compliance software to capital markets participants. Its products address market abuse detection (MAR), insider trading monitoring, best execution analysis under MiFID II, FX benchmark fixing surveillance, OTC derivatives monitoring, conflicts of interest management, and emerging asset classes including blockchain/crypto and energy markets (REMIT). The platform integrates with LSEG (formerly Refinitiv) data feeds covering 400+ global exchanges and Machine Readable news archives, applies AI/ML for cross-market anomaly detection and communications analytics, and is available via cloud-hosted or in-house deployment.
The company sells primarily through a direct enterprise field-sales motion to tier-1 financial institutions, supplemented by an LSEG channel partnership. Named customers include UBS, Santander, Société Générale, Commerzbank, LBBW, UniCredit, LSEG, and Centrica, with the company claiming protection of customer reputations across 30 countries. Additional offices operate in New York (opened 2015), Singapore (2016), Lviv/Ukraine (R&D center, 2015), and the UK. Revenue streams combine subscription-based software licensing with professional services for implementation and customer support. As of January 2026, b-next entered a strategic partnership with Behavox that includes Behavox taking a strategic equity interest — the first disclosed institutional capital event for the founder-controlled company. The company holds ISO 27001 certification (August 2023) and won the FX Week e-FX Award for Best e-Surveillance Provider in 2016.
B-next firmographics
Firmographics- Name
- B-next
- Legal name
- b-next engineering GmbH
- Website
- https://b-next.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- B-next is a German-headquartered RegTech vendor providing the CMC:eSuite modular trade surveillance and capital markets compliance platform to tier-1 banks, brokers, asset managers, exchanges, regulators, and energy firms across approximately 30 countries.
- Ownership category
- akta.pro rank
B-next industry classification
Industry- Product category
- Regulatory Compliance Software (Capital Markets Trade Surveillance)
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Market Surveillance & Trade Monitoring Platforms (FSAFAKAA)
- akta.pro secondary industries
- Regulatory Change, Governance & Compliance Management (GRC) (FSACAJAK), Market Surveillance & Trade Monitoring (Crypto) (FSADALAG), Risk, Controls & Governance (GRC) Platforms (FSAFAOAG)
Keywords
Where B-next is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
B-next business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licensing and Subscriptions: Proprietary compliance software solutions delivered as licensed software or subscription-based cloud-hosted solutions. The CMC:eSuite platform is offered as a modular compliance system with various modules including trade surveillance, market abuse, best execution, and conflicts of interest monitoring.
- Professional Services: Implementation, consulting, and professional services including workshops, customer care, and customer support services to support the deployment and optimization of compliance solutions.
- Cloud-Based Solutions: Cloud-hosted deployment model for compliance solutions, enabling location-independent operations and pay-for-use approach.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise compliance solutions with modular pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
B-next product offering
Product offeringCore offering
B-next develops and sells CMC:eSuite, a proprietary modular compliance platform providing multi-venue, multi-asset class surveillance for capital markets. The platform includes modules for market abuse detection, insider compliance monitoring, automated price surveillance across securities, FX, derivatives, commodities, OTC and listed instruments, MiFID II best execution monitoring, FX benchmark fixing analysis, energy market surveillance, blockchain surveillance, and a global control room for group-wide oversight. Solutions are delivered as licensed or cloud-hosted software to banks, brokers, asset managers, exchanges, regulators, and energy firms, supported by implementation workshops and customer care services.
Product overview
B-next offers CMC:eSuite, a modular compliance platform providing multi-venue, multi-asset class surveillance and compliance solutions. The platform supports over 100 detection scenarios for Market Abuse, Insider Trading, Conflicts of Interest, FX benchmarking, Derivatives/OTC Monitoring, Best Execution, and Energy markets. Key modules include CMC:Global Control Room for group-wide compliance oversight, CMC:Market Abuse for suspicious trading pattern detection, CMC:Insider Compliance for trading monitoring, CMC:TradeS for automated price surveillance, CMC:Best Execution for MiFID II compliance, CMC:Benchmark Fixing Analysis for FX surveillance, CMC:Energy for energy markets, and CMC:Blockchain Surveillance for crypto markets. Additional capabilities include Digital Communication Analytics, eCommunication Surveillance, Adverse Media Screening, Cross-Market Alerting with AI/ML, and COI/ESG Scenario tools. Solutions are available as cloud-hosted or in-house deployment.
Differentiator
Problem solved
Functional benefit
Brands
- CMC:eSuite: Integrated compliance platform for capital markets supporting trade surveillance, market abuse monitoring, insider compliance, best execution, conflicts of interest, and related compliance disciplines
- CMC:Global Control Room
- CMC:Insider Compliance
- CMC:Best Execution
- CMC:TradeS
- eCommunication Surveillance (eCommS)
Products and services
- CMC:eSuite Unified proprietary compliance platform providing multi-venue, multi-asset class surveillance and compliance solutions for capital markets. Supports banks, brokers, asset managers, exchanges, regulators and energy firms with over 100 different detection scenarios covering Market Abuse, Insider Trading, Conflicts of Interest, FX benchmarking, Derivatives/OTC Monitoring, Best Execution, and energy markets.
- CMC:Global Control Room Web-based tool providing global compliance oversight with near-time reporting, graphical display, and advanced analysis for monitoring group-wide trading and banking activity. Features include global watch list, restricted list, and insider list management, conflict checking, and integrated alert management.
- CMC:Market Abuse Monitors and identifies complex, dangerous trends and suspicious trading patterns for market abuse detection across trading venues and asset classes.
- CMC:Insider Compliance Monitors proprietary, customer, and staff trading with insider registers and list management, front/parallel running detection, personal account dealing monitoring, Chinese Wall effectiveness monitoring, and watch/restricted/insider list management.
- CMC:TradeS Automates price surveillance for securities, repo and lending, commodities, money market, FX, and listed and OTC derivatives transactions, providing uniform consistency and reliability across proprietary trading, customer trading, and staff trades.
- CMC:Best Execution Manages best execution requirements and optimizes returns per MiFID II. Automatically checks transactions against price, VWAP, liquidity, speed, multiple venues, profitability, and customer internal trading benchmarks.
- CMC:Benchmark Fixing Analysis Comprehensive solution for market abuse and insider trading surveillance of the FX market at benchmark fixings, with automated detection scenarios for suspicious trading activity, covering FX Swap and NDF instruments.
- CMC:Energy Trade surveillance and compliance solution for energy markets addressing market manipulation monitoring for energy firms under regulations like REMIT.
- CMC:Blockchain Surveillance Surveillance solution for blockchain and cryptocurrency markets that identifies blockchain safe areas and monitors for market manipulation on crypto exchanges.
- CMC:Conflicts of Interest / COI Scenario Conflicts of Interest and ESG scenario helping companies identify potential conflicts of interest using a matrix structure with cross-referencing capabilities.
- eCommunication Surveillance (eCommS) Monitoring solution for electronic communications including emails, chats, social media, telephone, and conferencing systems such as Zoom.
- Adverse Media Screening Monitoring solution for adverse media coverage to identify potential compliance risks and reputational concerns.
- Professional Services (Implementation, Workshops, Customer Care, Customer Support) Implementation, consulting, and professional services supporting deployment and optimization of CMC:eSuite, including customer workshops, customer care, and ongoing customer support for financial institution clients.
Quantifiable outcome
- Reduced operational risk through automated surveillance across all business units
- +2 more outcomes
Companies that use B-next
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
B-next technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability8 records
Feature9 records
B-next partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- BehavoxcoreStrategic partnership announced January 27, 2026, providing b-next with Behavox's market leading AI, R&D support and global customer success support. b-next licenses Behavox technology to deliver next-generation trade surveillance, best execution, conflicts of interest and personal account dealing solutions. Behavox has taken a strategic interest in b-next reinforcing shared long-term vision.
- LSEG (formerly Refinitiv)corePartnership with LSEG provides clients with unparalleled data capabilities including Machine Readable news delivering deep historical news archives and leading edge news analytics, and Tick History offering superior coverage of complete, timely and global microsecond tick data. Over 400 global cross-asset exchange integrations included.
- Thomson ReuterscorePartnership with Thomson Reuters provides data for CMC:Benchmark Fixing Analysis solution, enabling faster analysis of trading data and shorter implementation times for FX market surveillance.
Scale indicators5 records
Recent moves10 records
Expansion highlights7 records
B-next competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
B-next social profiles
Digital presenceB-next compliance and trust
Trust signalCompliance1 record
B-next financial estimates
Financial estimateRevenue estimate
Valuation estimate
B-next leadership team
Management profileNumber of profiles
Profiles6 records
B-next funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
B-next M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about B-next
What does B-next do?
B-next develops and sells CMC:eSuite, a proprietary modular compliance platform providing multi-venue, multi-asset class surveillance for capital markets. The platform includes modules for market abuse detection, insider compliance monitoring, automated price surveillance across securities, FX, derivatives, commodities, OTC and listed instruments, MiFID II best execution monitoring, FX benchmark fixing analysis, energy market surveillance, blockchain surveillance, and a global control room for group-wide oversight. Solutions are delivered as licensed or cloud-hosted software to banks, brokers, asset managers, exchanges, regulators, and energy firms, supported by implementation workshops and customer care services.
Is B-next a public or private company?
B-next is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was B-next founded?
B-next was founded in 1993. It employs 51 to 100 people.
Where is B-next based?
B-next is headquartered in New York, United States, in the North America region.
How does B-next make money?
Three revenue lines are on record. Software Licensing and Subscriptions are the primary driver. The others are professional Services and cloud-Based Solutions.
Does B-next have an API?
No public API is recorded for B-next.
What industry is B-next in?
B-next's product category is Regulatory Compliance Software (Capital Markets Trade Surveillance). Its primary akta.pro industry code is FSAFAKAA, Market Surveillance & Trade Monitoring Platforms, with a secondary code of FSACAJAK, Regulatory Change, Governance & Compliance Management (GRC). Its NAICS code is 523 and its SIC code is 7372.