atos euronext market solutions 1 delivering global markets feas general assembly 4 november 2006

Atos Euronext Market Solutions

1

Delivering Global Markets

FEAS General Assembly

4 November 2006


2

AEMS International Capability


3

Atos Euronext Market Solutions – A Global Partner

• Atos Euronext Market Solutions (AEMS) was created in July 2005 to apply the IT experience within Euronext to a global customer base

• We have around 1,200 staff and operate from five offices around the world:

–London–Paris–Brussels–Amsterdam–Chicago

• Current turnover is in excess of €340 million

• AEMS solutions are located in around 16 different countries throughout the world

• Our shareholders are financially secure and recognised as global leaders in their own industries

Premier European IT

Services Provider

Leading Global

Exchange

50:50 ownership Atos Origin and Euronext


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Our Shareholders - Euronext


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Our Shareholders - ATOS Origin

• Atos Origin is an international information technology services company with an annual revenue in 2005 of over €5 billion

• Atos Origin employs over 46,000 people in 40 countries

• Atos Origin provides consulting, systems Integration and managed operations to multinational clients in specifically targeted market segments

– Telecom

– Financial Services

– Public Sector

– Manufacturing

– Retail and Consumer Products

– Oil & Gas

– Utilities and Transport


6

Understanding AEMS Products


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Products in a Client Centric Context

Trading Business Unit

Clearing Business Unit

Capital Markets Business Unit

Corporate

Global Sales

Global Managed Services

Exchanges, Clearing Houses, Banks and Intermediaries


8

AEMS Product Portfolio by Business Unit

Trading BU

• LIFFE CONNECT®

• NSC®

• PAM

• Aramis

Clearing BU

• Clearing 21

• Sara

• TRS-CPS

• Syn~

Capital Markets BU

• FID Instruments

• Invest-Deal

• OMSTP

• Investiciel

• Syn~

We provide an end-to-end service from market design through to hosting and operations


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LIFFE CONNECT®

• Since 2001 we have offered our LIFFE CONNECT® software and our managed services to markets outside the Euronext group

• In 2003 we developed a LIFFE CONNECT® turnkey solution for TIFFE (now the Tokyo Financial Exchange)

• In 2004 we launched a fully managed trading technology and distribution service for the Chicago Board of Trade - implementing the solution in 11 months

• We have since added three other American Exchanges to our US platform - Minneapolis, Winnipeg and Kansas City

• LIFFE CONNECT® has also been used for Single Stock Futures and Equity internalization markets

• These projects show how LIFFE CONNECT® can be applied to different markets, asset classes and regulatory regimes


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NSC®

• NSC® has the functional breadth to support many types of markets– Euronext Paris: Equities

– Toronto Stock Exchange: Equities

– Bovespa: Equities and Equity Option

– BM&F: Futures on Commodities & financial products

– Chicago Mercantile Exchange: Futures

– Boston Options Exchange: Options on Equities

– Bursa Malaysia: Futures and Options

• NSC® is supported by a team of 70 analysts, developers and testers based in Paris

• All NSC® clients are standardizing on 2 versions– V800 series for NSK nonstop

– V900 series for Linux

• Key focus is on price-performance improvements– We are actively working with our clients to ensure a migration strategy with minimum

interruptions to market participants


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NSC® Architecture

M&C

Market Control

AccessControl

Trading

Reference & Configuration Data

FIX Applications

Trader/Broker Applications

Oracle DB

FIX MMTP

CAP CAP

PAM Traders

PAM Server

SPI ECO

RCE

Product & Participant

Management

Settlement & Price Calculation

FIX 4.4 or MMTP

SurveillanceSystems

RegulatorySystems

PFI Index Calculator

Clearing & Settlement

TCS Trade Reporter

Static Data (out)

Ø StatisticØ BillingØ etc

Oracle DB

NSC® Trading Engine


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PAM

• A fully featured trading workstation for viewing the market, entering and managing orders

• Provides customisable functions for– Point and trade, basket orders and cross trading

– Position monitoring, P&L reporting and order history audit

– Market watch alerts and tickers

– Strategy trading

– Delegation

– Monitoring and Surveillance

– Sales desk integration

– Analysis and charting

• Designed by traders to achieve the highest standards of ergonomic efficiency

• Available as a full application or as a web-delivered thin client


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Aramis

• Aramis helps surveillance teams detect– Market or price manipulation

– Insider trading

– Front running

– Fraudulent or deceitful conduct

• Continuous collection of data with configurable triggers provides real-time alerting

• Predefined and configurable reports reduce investigation time

• Used by Euronext and eight other organisations around the world, including– Banking, Finance and Insurance Commission Belgium

– Bolsa de Valores de Estado de Sao Paulo

– Bursa Malaysia

– Comissao de Mercado de Valores Mobilarios, Portugal

– Dubai International Financial Exchange

– Muscat Securities Market


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Other AEMS Products

Clearing & Settlement

• Clearing 21 – Clearing and settlement for cash and derivatives on a single platform

• TRS/CPS – Combined post-trade management and clearing for derivatives

• Sara – Integrated transaction management for central securities depositories

• Syn~ – Fast deployment of complex systems using a proven financial rules engine

Capital Markets

• FID – Multi-source collection, checking and rationalisation of market data

• InvestDeal – Integrated portfolio management of high net-worth individuals

• OMSTP – Order management for Banks and Brokerages (using Swift, FIX etc)

• Investiciel – End-to-end order consolidation and routing solution for Brokers


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Syn~

• Graphical application development

• Analysts configure new and inherited objects and define their life-cycles

• Code is generated from graphical analysis screens

• Increases productivity and reduces time to market

• Provides low-risk deployment of complex applications

– Order management

– Middle office processing

– Reference data management

– Clearing and settlementSyn~Engine

IndustryComponents

Syn~ Application

Entities,Lifecycles,

Rules

Defined in Metadata

Defined in Java

Proven Financial Rules

Engine


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Product Expansion Roadmap

Regulatory

Trading

Clearing

CSD

Referential Data & Reporting

OMS

EMS / Portfolio Mgt.

Smart RouterExchange ConnectivityInternalisation

Middle Office

Settlement

Custody

Front Office / Pre- Trade

Aramis

NSC® LIFFE CONNECT®

C21 TRS/CPS

Sara

Network, Hosting, Operations

Exchange

Clearing

GMS

Capital MarketsInstitutional Retail

AssetManagement

PrivateBanking

Brokers &Hedge Funds

InvesticielSyn~

Settlements

Syn~ Reference data FID Reference data

Invest Deal

Exchange Products


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Who are our customers?


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AEMS – A Global Service Provider for Capital Markets

WarsawStock Exchange

Euronext.liffeICE FuturesLCH.Clearnet

Euronext

TSX

Kuala LumpurBursa Malaysia

BeirutStock Exchange

BVM TunisCasablanca AmmanStock Exchange

TehranStock Exchange

DIFX

Muscat Securities MarketBM&FBovespa

Montréal

Toronto

CMECBOT

Winnipeg

Minneapolis

Kansas CityBoard of Trade

BOXBSX

Other Business Units• Clearing: 2 clients

• Capital Markets: 26 clients


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A Partnership with AEMS

• Taking advantage of the growing trend in global trading means finding a global technology partner

• AEMS gives you access to a global organisation that is already known and trusted by more than 1,000 banks, brokers and trading houses around the word

• Our mutualised investment programme gives you an assured roadmap for trading and distribution capacity in the future

• Our track record with Euronext, Euronext.liffe, CBOT but also Amman Stock Exchange & Muscat Stock Market demonstrates capabilities and our dedication to client service

• We can help you deliver the your markets to new traders quickly, reliably and cost-efficiently


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This document is proprietary to AEMS and the information contained herein is confidential.

Without AEMS's prior written permission, this document, either in whole or in part, must not be reproduced in any form or by any means or disclosed to others or used for purposes other than its evaluation in this presentation . It may not be disclosed to any third party even for the purposes of evaluation, except as expressly authorized by AEMS in each case.

Where we have mentioned our Clients by name we stipulate that no contact be made with any such Client without our prior written approval in each case.

AEMS has alliance relationships with third party product and services vendors. As part of many such relationships, AEMS is able to resell certain products and services and/or may receive compensation from vendors in the form of fees or other benefits in connection with the marketing, technical and other assistance provided by AEMS. By receiving this presentation you acknowledges that such relationships may be beneficial to AEMS and assist in its performance of the Project.

Any comments on, or opinions stated in this document regarding the functional and technical capabilities of any software or other products proposed or referred to in this document, whether or not expressed as being those of AEMS, are based on the information provided by the product vendors to AEMS or provided by you and, while AEMS does not have reason to believe that this information is in any way inaccurate or incomplete, responsibility for its accuracy and completeness does not rest with AEMS.

Whilst care and attention has been exercised in the preparation of this document, it remains subject to contract and all warranties whether express or implied by statute, law or otherwise are hereby disclaimed and excluded.

These limitations are not intended to restrict continuing business discussions between you and AEMS.

atos euronext market solutions 1 delivering global markets feas general assembly 4 november 2006

Documents

shareholders euronext

aems solutions

euronext group

countries atos origin

ownership atos origin

market design

transport slide

nsc nsc