icubic AG and Fimas GmbH enter sales and marketing co-operation

13 August 2007

icubic AG, a well known provider of solutions for the electronic trading of financial instruments, and Fimas GmbH, a provider of specialist consultancy services to all active market participants in global financial instrument trading, have entered a sales and marketing agreement for Europe. Fimas, with its headquarters in Frankfurt, is to support actively the positioning of icubic products and services from now on. The continuous analysis of the European market forms another focus of this co-operation.

The aim of this co-operation is to provide internationally active investment banks with a comprehensive service, ranging from consultancy to implementation of efficient and very reliable icubic solutions. By streamlining the entire e-trading workflows, from the pricing of financial instruments to quotes and trading on the electronic market as well as the forwarding to the booking system, icubic software will minimise costs, time, errors and security risks.

"Following the direct involvement with icubic, I'm looking forward to continuing the very successful relation. The products and services of icubic AG and Fimas GmbH's contacts complement each other a great deal and provide an excellent basis for both companies to expand." said Karsten Sommer, Chief Executive of Fimas.

icubic too has expressed its delight at the co-operation. "The co-operation with Fimas GmbH should enable the company to land a number of interesting European clients. Fimas is a competent partner to further strengthen our position in the international market," concluded Oliver Estenfeld, Head of Sales and Marketing of icubic AG.

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