Public Finance - Investments - Risk management - Insurances
FRC - Finance & Risk Consult
Where there is a lack of consultation, plans fail. With the right advisors there is success.
your digital financier for municipalities
financial controlling - digital - municipal
Branches in Lower Austria & Burgenland and 200 customers throughout Austria
ABOUT US
FRC – Finance & Risk Consult GmbH (FRC) is an essential service provider in Austria on financing, investment, risk management and real assets and related services. FRC is the strong partner in financing and risk management matters for companies and municipalities. We have the know-how to develop together with our customers individual concepts and financial strategies.
As a result of the global economic crisis and a veritable banking crisis we have come to the conclusion to establish a separate service provider in the field of financing and risk management. The Rational of our actions are going to establish our experiences and motivation, a company that provides services at the highest level.
FRC is neutral
We always act on behalf of our clients and our services based on our own analysis, models and market assessments.
FRC is separate
FRC is funded separately and therefore not exposed to any financial, legal or lobbying influences.
FRC is transparent
Transparent in the process and reporting; we disclose all results, procedures, input data used and parameters.
Our clients
Cities and municipalities are our main customers. For us, every client is important: municipalities, companies, consultants and you!
Even the big clients need strong partners. FRC is acting globally. Nevertheless, we offer you as a quick and reliably acting provid the flexibility of a niche player.
Case Study for Municipalities
OUR SERVICES
The evolution
Digitalization – The evolution has been successful. We have contributed a part. Benefit from our experience.
Fairness in financial markets – also in the calculation of interest; regular accounts examination helps to ensure proper settlement of accounts and not pay too much in interest.
YOUR BENEFITS
Fairness in financial markets. Of course, banks are allowed to adjust the interest rates on current accounts up if it was so agreed. They have to cut back it, even if interest rates fall. By using finance calculation - and contract management software, we started to make this complex and complicated calculation processes transparent.
THE MANAGEMENT TEAM
Mag. Heinz Hofstaetter
Managing DirectorKontakt
Cell: +43 664 816 34 28
E-Mail: [email protected]
More about Heinz Hofstaetter
Role in FRC – Finance & Risk Consult GmbH
- Managing Director
Professional experience
- Managing Director of Areta GmbH
- Managing Director of AVS-Valuation GmbH, Germany
- Member of the Board & CEO for Asset Management of HCM/KCM AG
- Member of the Board (Sales, CSO) of HYPO NOE Landesbank für Niederösterreich und Wien AG
- Managing Director of FIBEG GmbH
- Managing Director Blue Danube Loan Funding
- Head of Public Finance at HYPO NOE Landesbank für Niederösterreich und Wien AG
- Direktor Capital Markets at BA-Investmentbank
- Audit Services & Corporate Finance at KPMG
Topics
- Asset Management, Investments
- Structuring
- Risk management, Valuation services
- Real Assets
- Sales
Education
- Professional Financial Advisor, commercial investment counseling by the authorization of ge § 1 Z 44 WAG as a tied agent without authorization for life and accident insurance
- Consulting Services, including business organization according to 94 Z 74 GewO 1995
- IT-Services
- Mag. rer.soc.oec., Vienna University of Economics and Business
Werner Lehner
Managing DirectorKontakt
Cell: +43 664 246 99 80
E-Mail: [email protected]
More about Werner Lehner
Role in FRC – Finance & Risk Consult GmbH
- Managing Director
Professional experience
- Managing Director of Best Solutions GmbH
- Managing Director of WG Finanzservice GmbH (Investment firm according to § 3 WAG 2007)
- Head of Corporate Treasury at UniCredit Bank Austria AG
- Head of Securities Trading at HYPO-Bank Burgenland AG
Topics
- Risk management
- Derivative financial products (FX, interest rates)
- Financing
- Investments
- Real Assets
- Vertrieb
Education
- generally sworn and court certified expert for the subject area 87.35 derivative finacial products
- commercial investment counseling by the authorization of ge § 1 Z 44 WAG as a tied agent without authorization for life and accident insurance
Our mission
FRC, the leading service provider for finance and risk management services for municipalities in Austria, which creats sustainable value for internal and external partners.
The commitment to transparency and quality and the entrepreneurial spirit are the main drivers of our success.
NEWS FROM THE BLOG
End of the CHF LIBOR
Ist Ihre Gemeinde betroffen? Sind Sie gerüstet? Mit Ende 2021 sind die LIBOR Zinssätze eingestellt worden. Das betrifft auch einige Gemeinden in Österreich. Es gibt nämlich noch immer vereinzelt Finanzierungen im CHF, die in der Regel als Referenzsatz...
FRC takes over a credit platform
FRC – Finance & Risk Consult GmbH (FRC) übernimmt im Rahmen eines Asset Deals mit CommneX eine der bekannten kommunalen Kreditplattformen im deutschsprachigen Raum. „Nachdem wir uns in den letzten Jahren sehr intensiv mit dem Thema der kommunalen...
ESG and sustainability in municipal finance, episode #14
Liebe Leute! Eben ist unsere brandneue Podcast-Folge von “FRC On Air” online gegangen. In dieser greife ich mit zwei namhaften ExpertInnen der HYPO Niederösterreich das aktuell so heiße Thema “Green Finance” auf. Im vom Journalisten F...
FRC Christmas Miracle 2021
Als FRC – Finance & Risk Consult GmbH ist es uns ein großes Anliegen, die Vorweihnachtszeit zu nutzen, um den Sterntalerhof in Lopiersdorf-Kitzladen zu unterstützen. Der Sterntalerhof, gegründet vom Seelsorger Peter Kai, ist das einzige stationäre Ki...
From custody fees to penalty interest to analysis
Aktuell haben viele unserer Kunden wieder Post von ihren Banken erhalten. Inhaltlich geht es um die noch strengere Verrechnung von Verwahrentgelten. Diese fallen bekanntlich an, wenn Kommunen Einlagen bei Banken halten. Banken müssen in bestimmten Fällen fü...
FINANZIERUNGSCONTROLLING
EXTERNES FINANZIERUNGSCONTROLLING UND LAUFENDES REPORTING Gerade in schwierigen Zeiten sind effiziente Kreditbedingungen wichtig. Aus diesem Grund kann ein laufendes kommunales Finanzierungscontrolling helfen, einen Überblick über die kommunalen Finanzierung...
70. Städtetag in St. Pölten, FRC On Air #013:
Liebe Leute! Die brandneue Folge unseres Podcast-Formats “FRC On Air” ist online! Diesmal berichten wir direkt vom 70. Österreichischen Städtetag, wo wir als FRC Finance & Risk Consult in unserer Lounge zahlreiche Gäste begrüßen durften. D...
FRC unterstützt das Cellensis Festival
Cellensis ist eine Veranstaltungsreihe, die sich durch Setzen thematischer Schwerpunkte mit geistlicher Musik christlicher Tradition auseinandersetzt. Cellensis ist alte, traditionelle und neue geistliche Musik insbesondere europäischen Ursprungs. Das Festiva...
Open space concert for a brand new community center, FRC On Air #012:
Die Weinviertler Marktgemeinde Großweikersdorf hat ein hochmodernes Gemeindezentrum bekommen, welches buchstäblich alle Stückerln spielt. Bei der feierlichen Eröffnung spielte hingegen die Blasmusik. Auch für Bürgermeister Ing. Alois Zetsch und Amtsleite...
Do alternative financiers make sense?
KOMMUNALE PROJEKTE sind in der Regel langfristige Projekte, die auch langfristig zu finanzieren sind. Das macht gerade in der derzeitigen Tiefzinsphase Sinn. Dabei geht es um eine vernünftige Verbindung der realen Wirtschaft mit dem Geld- und Kapitalmarkt. Zu...
Our FRC ON AIR podcast from the Kommunalmesse, #011
Die FRC Finance & Risk Consult war auf der diesjährigen Kommunalmesse in Tulln als Ausstellerin vertreten – perfekt, um unsere Kunden zu treffen, aber auch um neue Kontakte zu knüpfen. Außerdem habe ich zusammen mit unserem Podcast-Reporter, Fritz Hut...
FRC expands sales team with Manuel Klaus and strengthens the back office at the same time
Rechtzeitig für die bevorstehende Kommunalmesse in Tulln vom 15. bis 16. September 2021 haben wir seit Anfang September unser Vertriebsteam mit Manuel Klaus erweitert. Herr Klaus verfügt trotz seiner Jugend bereits über umfangreiche Erfahrungen im Bankberei...
Optimizing in summer? From the region for the region… but with an ear to the market
Aktuell existieren weiterhin optimale Bedingungen für Städte und Gemeinden im Bereich der Kommunalfinanzierung. Die Banken verfügen über hohe Liquiditätsreserven und sind bereit, diese an Gemeinden zu attraktiven Bedingungen weiterzugeben. Das betrifft so...
Benefizkonzert in Kapelln
Herr Bürgermeister Ing. Alois Vogl von der Marktgemeinde Kapelln, dem geographischen Mittelpunkt Niederösterreichs, organisiert sein alljährliches Benefizkonzert und FRC unterstützt die Spendenaktion zugunsten von Kinderprojekten im Senegal....
End of the (CHF) LIBOR. What should I do?
Ende 2021 werden die LIBOR Zinssätze eingestellt. Das betrifft auch einige Gemeinden in Österreich. Es gibt nämlich noch immer vereinzelt Finanzierungen im CHF, die in der Regel als Referenzsatz den CHF-Libor aufweisen. Der CHF-Libor wird demnach ab Anfang...
Gemeindebundpräsident Alfred Riedl visits FRC ON AIR, #010
Für die 10. Folge unseres Podcasts, FRC ON AIR, dürfen wir einen prominenten Gast begrüßen. Der Präsident des Österreichischen Gemeindebundes und bis vor kurzem auch Präsident des NÖ Gemeindebundes, BGM Mag. Alfred Riedl, spricht über Aufgaben, Schwer...
Opening of a new kindergarten in Hofamt Priel
Frau LH Johanna Mikl Leitner und Herr Bürgermeister Friedrich Buchberger haben am 2.7.2021 den neuen Kindergarten in Hofamt Priel eröffnet. “Mit dem neuen Kindergarten wird ein weiterer Beitrag geleistet, um Familie und Beruf zu vereinbaren”, bet...
5 Jahre FRC auch im Kommunalverlag…
Das “Kommunal-Magazin” gibt es bald zumindest 30 Jahre. Die FRC gibt es nun seit etwas mehr als 5 Jahren. Das was uns eint, ist das Interesse an den Gemeinden und der ständige Know how Transfer sowie der Informationsbedarf für die Gemeinden. Das...
Kirchdorf/Krems: #009 Ladies first…
Unser fliegender Podcastreporter, Fritz Hutter, berichtet: Spannend – und ich denk’, ehrlich gesagt nicht nur für mich. Von den insgesamt 2095 österreichischen Gemeinden werden auch noch 2021 nur 197 von einer Frau geführt. Eine davon, Bürgermeiste...
public reports in May …
… and FRC can be there. The magazine for decision-makers in politics and administration, public, reports in May 2021 on interesting topics in the field of municipal finances. Today among other things: custody fees and FRC – Finance & Risk Consu...
5 years FRC – Thanks to our customers & business partners …
FRC – Finance & Risk Consult GmbH (FRC) with branches in St. Pölten and Eisenstadt is the Austrian service provider for neutral support in the financing of cities and municipalities. FRC relies on the flagship product, the “ongoing supportR...
Municipal finances, is it worth avoiding custody fees?
For the majority of cities and municipalities, financing issues continue to be the top priority. External finance controlling, including a tendering service for borrowing, can help here. During the months of the crisis, many tried to bunker enough cash. For so...
Hear what’s new in Altenmarkt an der Triesting.
Dear All! Episode 7 of our podcast “FRC On Air” has just gone online and we are celebrating a premiere with it. For the first time, we recorded directly with and with the customer – namely a brisk four-way talk with the Bürgermeister & A...
Loan tender for the community of Wieselburg-Land
We were currently able to support and carry out a loan tender for around EUR 1.5 million for the community of Wieselburg-Land. Our satisfied customer, the community of Wieselburg-Land, reveals the result to you in the community newspaper on page 4. Our job: Fr...
FRC ON AIR Podcast #6 – Leasing
Our podcast, FRC ON AIR, leads us in episode 6 with our new employee, Magister Peter Asinger, on the subject of leasing. He has more than 30 years of experience, only in the leasing sector. Even if we find that municipal leasing is fundamentally in decline, it...
FRC in the municipal trade press … our service, your questions
Thanks to public, the magazine for decision-makers in politics and administration, for my contribution about the currently attractive interest rates for cities and municipalities. Questions about the article: How long will it stay that way? Will the high liqui...
FRC expands its product range of insurance solutions …
The demand from our customers on insurance issues has led FRC – Finance & Risk Consult GmbH (FRC), the financing and risk expert for cities and municipalities, to cooperate with the insurance service of HYPO NOE with immediate effect. HYPO NOE Versic...
Podcast FRC ON AIR, # 4 Personal customer contact is the key; BGM Mag. Stagl
How does FRC-Finance & Risk Consult’s customer contact with its partner communities work in practice? To clarify this question, managing director Heinz Hofstaetter also brings the mayor of Rust, Magister Gerold Stagl and his partner, Werner Lehner, i...
NEW: FRC ON AIR – the podcast about municipal finances
We wish all business partners a Happy New Year. With immediate effect we provide you with another information channel with our podcast “FRC ON AIR”. In regular episodes of our podcast, we provide information about what is important when optimizing...
Clarification of interest rate indicators for the Gemeinde Pötting (OÖ)
„As part of the exercise of our due diligence on the subject of negative interest rate indicators in our municipal financing, we became aware of FRC – Finance & Risk Consult GmbH (FRC) with branches in St. Pölten and Eisenstadt. The collaboration...
Optimizations in the municipal loan portfolio of the Stadt Melk
“Im Rahmen der aktiven Bewirtschaftung unseres kommunalen Kreditportfolios arbeiten wir als Stadt Melk mit der FRC – Finance & Risk Consult GmbH (FRC) mit Niederlassungen in St. Pölten und Eisenstadt zusammen. Die Aufgabenstellung für FRC ist...
Attractive fixed interest rates for your municipal financing portfolio
Nutzen Sie doch die aktuelle Tiefzinsphase, um ihre langfristigen Gemeindefinanzierungen zu optimieren. Die EURIBOR Sätze sind seit Jahren im Minus, aktuell mit rund -0,5 %. Das ist bekannt. Es liegen aber auch die langfristigen Referenzzinssätze im Minus. Z...
Digitization & municipalities in the Wiener Zeitung
FRC und Finanzierungscontrolling für Gemeinden in der Verlagsbeilage „Die Republik – das Verwaltungsmagazin“ der Wienerzeitung in erschienen am 29.9.2020....
FRC opens branch in St. Pölten
FRC – Finance & Risk Consult GmbH (FRC) betreut Gemeinden in Österreich in den Bereichen Public Finance, Finanzierung, Veranlagung sowie Kredit- und Risikomanagement. FRC verfügt über das Know-how, um gemeinsam mit seinen Kunden individuelle Konze...
Personalized digitization of the municipal loan portfolio
Auch im Rahmen der kommunalen Finanzierung kommt immer öfters der Begriff Digitalisierung ins Spiel. Aber was versteht man darunter? Laut Definition handelt es sich dabei um das Umwandeln von analogen Werten in digitale Formate, die in einem digitalen System...
The “Kommunal” reports on financing …
Mag. Heinz Hofstaetter in der aktuellen Ausgabe der Zeitschrift Kommunal; auch dort wird unsere Meinung geschätzt. Lesen Sie hier alles rund um das Thema kommunale Finanzierungen und gestalten Sie die Finanzierungen in Ihrer Gemeinde effizient. Hier geht es z...
Portfolio concept for municipal financial instruments (investment & financing)
Was heißt eigentlich „Portfolio“? Unter Portfolio hat man ursprünglich eine Mappe verstanden, in der ein Künstler seine Bewerbungsunterlagen präsentiert hat. Dabei waren stets mehrere Kunstwerke vorhanden. Somit stellt ein Portfolio einen Bestand an ar...
Deposit guarantee for municipalities …
Due to the current occasion and in connection with the collapse of the Commerzialbank Mattersburg, we expressly point out that the portfolio idea should also prevail with investments as well as savings. In principle, state deposit insurance is also available f...
Digital financing controlling and ongoing reporting for municipalities
Efficient credit conditions are particularly important in difficult situations. For this reason, we have developed ongoing municipal financing controlling. In the context of municipal financial management, a variety of topics arise in the municipality and for...
OGH on “Negative Interest Stadt Steyr” for contracts without a lower limit and what we learn from the opinion of well-known lawyers.
The OGH has rejected the revision of the judgment in the “Model Proceedings of the City Association” of the city of Steyr against KA Finanz AG from the lower court. This means that the judgment of the Court of Appeal is now final and the proceedings are cl...
Public Finance: We are hiring and looking for you for our digital service.
Job Description FRC – Finance & Risk Consult GmbH with its headquarters in Eisenstadt and main activities in Eastern Austria (focus in Upper Austria, Lower Austria and Burgenland) is the independent consultant for municipalities in the area of financ...
Corona Aid Package 2020 for Municipalities and Considerations Regarding Funding Aspects …
A comprehensive Corona 2020 aid package for cities and municipalities worth EUR 1 billion has just been launched. Nevertheless or precisely because of this, the municipalities will need efficient credit conditions in the current crisis. We guarantee this for o...
“Custody fees” for savings from municipalities?
Can banks charge “custody fees” on municipal savings deposits? You have to know that in certain cases banks have to pay “penalty interest” of up to 0.5% for deposits with the European Central Bank (ECB) (with certain restrictions, directly or through t...
Fairness between municipalities and bank … even in times of crisis
Fairness between municipalities and bank, also when calculating interest. Regular account checks help to guarantee the correct account settlement and not to pay too much interest. In the current situation, acting at eye level is important for all parties. Not...
Loan tenders for cities and municipalities require experts and personalized digitization…
Together with our customers, we have examined the essential requirements for loan requests from cities and municipalities. It is also about regional and partnership solutions. As a result, we present the success factors for municipal financing. FRC parameter B...
Bgm. F. Buchberger, Hofamt Priel: Municipalities & Borrowing in Crisis …
Coping with the health crisis combined with the subsequent economic challenges requires many contributions. An essential cornerstone of stability is the public sector with an unprecedented aid program. The effects on the communities are already visible. Among...
Corona/COVID-19: Corona / COVID-19: Are municipalities currently finding attractive financing conditions, also due to digitization?
The municipalaties are now feeling the effects of the crisis, e.g. loss of local tax or a decrease in the share of income. In the case of new financing or debt restructuring, however, the municipalities benefit from the current situation around Corona / COVID-...
Kommunal – Update 2/2020 negative interest rate indicators municipalities
The Kommunal, the magazine for mayors, local politicians and administration, provides trends, practical examples as well as tips and tricks for working in the communities and is interested in our opinion on negative interest rate indicators in communities. Neg...
“Municipalities also need external ongoing support in the area of finance“, Bürgermeister Mag. Gerold Stagl
The free city of Rust is approx. 2,000 inhabitants a statutory city and its own administrative district in Austria. As part of our financial management, there are a variety of topics in the community as well as in our outsourced units, which led us some time a...
This is what our customers say … we thank for the trust!
Marktgemeinde Altenmarkt an der Triesting, LAbg. BGM Josef Balber. As a municipality with approx. 2,200 inhabitants we have a large number of tasks for. Precisely for this reason and in compliance with the requirements of the Lower Austrian Municipal Code (...
The fiber optic pioneer
Wir gratulieren sehr herzlich für diese Pionierleistung in Niederösterreich. Herr Bürgermeister Josef Balber sowie Amtsleiter Stephan Schildbeck sind mit der Marktgemeinde Altenmarkt an der Triesting stets Themenführer bei innovativen Entwicklungsschritten...
The CONTACT with us.
We are looking forward to your contact.
