On 15th of March, Professional and commercial audit in Luxembourg, assessed the FERARI project in all deliverables during the second year of project, both from scientific and technological aspects of the project. We managed to give a smooth and convincing review day, and the grade we got is “good progress”. The reviewers are convinced that FERARI project has both technical excellence and a huge potential for exploitation and impact. On this occasion we presented 3 demos; Integration of the CEP Optimizer, Distributed Counting on telco CDR Data and Fraud Use Case Demo Prototype. The planned duration of the project is 36 months, and we are now in our 3rd year of the project and we hope the project will continue as successfully as it started, judging by the successful 1st and 2nd year.