DekaBank Prolongs Contract with icubic AG

DekaBank Prolongs Contract with icubic AG
13.04.2016 02:45 pm

DekaBank Prolongs Contract with icubic AG

Trading Systems , Banking

DekaBank has extended their contract with icubic AG for another three years. For over eight years, DekaBank has been using software produced by icubic for the settlement of electronically traded fixed income bonds. The use of a reliable trading system and integrated gateways enables the bank to quote and trade the best possible market prices with the lowest level of latency. With iQbonds and iConnect, DekaBank utilises two icubic AG trading software solutions for the fixed income sector.

icubic is well-prepared for a further expansion of the current system landscape. The IT specialist offers software components for additional asset classes and connections to numerous electronic markets. Furthermore, icubic also offers iMarket, a solution for trading on D2C platforms with integrated CRM systems, iSettle, an STP settlement connection as well as other applications required for electronic trading.  

icubic’s Chairman of the Board, Dietmar Jakal, explains: “Especially on electronic trading markets, a high-performance and extremely stable operation of all systems is one of the crucial, if not the most decisive success factors in providing market participants with the best prices. At the same time, reliability and stability also form the foundation of a cooperative partnership.  We are very pleased to continue to support DekaBank in their successful electronic bond trading endeavours.”

Related News

Asset Control and Finmechanics Unveil an Integrated Solution to Accelerate FRTB Implementation and Boost Operational Efficiency

Asset Control and Finmechanics have announced a new technology partnership to provide banks with an accelerated approach to The Fundamental Review of the Trading Book (FRTB)... Read more »

Diginex launches becoming the first digital asset exchange listed in the United States

Diginex announced the public launch of its digital asset exchange, built to institutional-grade specifications and designed to improve the experience... Read more »

The Derivatives Service Bureau Extends Global Participation in Technology Forum

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities... Read more »

corfinancial: Salerio client Baillie Gifford goes live with futures

corfinancial, a leading provider of specialist software and services to the financial services sector, reports that Edinburgh-based investment manager ... Read more »

London Derivatives Exchange selects Exberry to deliver matching engine technology

Exberry, the exchange technology pioneer, has been appointed by London Derivatives Exchange (LDX) to provide matching engine technology. The... Read more »

Cloud9 and SteelEye Partner to Address Voice Trading Compliance Challenges amid Remote Working Conditions

Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, has integrated with SteelEye, a leading regulatory technology and data analytics provider, to offer the... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel