History

The Magdeburg enterprise had been founded in 1999, coming out of a group of committed risk management advisors for financial institutes. Meanwhile, the icubic AG has constantly grown to become an established name in the world of software solutions for business financing, with more than 100 employees operating in different locations. It is with pride that we look back at the successful history of these 10 business years. 

2011
  • One of the leading financial institutions in Eastern Europe is now implementing IT products from Germany. The VTB Group, which is headquartered in Moscow and operates in over 20 countries throughout the world, is investing in iQbonds produced by icubic.
  • The software innovator for electronic exchange trading is now serving Erste Group AG, which is based in Vienna. The banking group, which has an estimated 17 million clients worldwide, has opted to utilise the success package, iQbonds in the future. 
  • The Norddeutsche Landesbank is now also utilising software created by icubic - iQbonds. The implementation of high performance gateways to Eurex, Reuters, MTS and Bloomberg enables NORD/LB to achieve quicker reaction times for client requests and the best possible prices for bond trades across multiple markets.
2010
  • With the contract signing in March 2010, HVB and icubic agreed to the continuation and intensification of their cooperation in the electronic securities trading area. iQbonds, together with additional gateways from icubic’s interface pool, iConnect, and a basic version of iSettle were already put into location-comprehensive production at the end of April.
2009
  • Munich office is established
2008
  • icubic consulting GmbH sold due to strategic realignment based on icubic AG’s core businesses
  • iQderivatives goes live at DZ BANK
2007
2006
2005
2004
  • Second office opens in Frankfurt
  • Developmental partnership established with BayernLB via iQrepos, iQswaps and iQforex
  • HypoVereinsbank and DZ BANK opt for iMarket
  • DZ BANK, HypoVereinsbank, BayernLB, and WGZ Bank employ iTrading
  • outsourcing of Foreign Product Consulting to icubic consulting GmbH
2003
  • London sales force expanded, Tier 1 Bank in London deploys iQbonds
  • icubic AG becomes an ISV Partner of MTS, iTrading is distributed to the Asian market
2002
  • iMarket is developed, optimising workflow between Traders, Sales and their clients.
  • Bundesrepublik Deutschland Finanzagentur (Federal Republic of Germany's Financial Agency) begins using iQbonds
2001
2000
  • Bayerische Landesbank becomes first iQbonds client
1999
  • icubic AG is established in Magdeburg