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FRC – Finance & Risk Consult GmbH and komuno GmbH start partnership

komuno – The digital platform for municipal loans now also for Austria

FRC – Finance & Risk Consult GmbH and komuno GmbH start partnership

Following a successful start in Germany, komuno GmbH now also offers Austrian cities, municipalities and financial institutions the opportunity to tender and submit bids for Kommunalkredit via their digital platform komuno. komuno, that is the platform for municipal financing in Germany. Since its commissioning in 2018, the joint venture between Helaba Digital GmbH & Co. KG and Lucht Probst Associates GmbH has become the leading marketplace for municipal loans and public subsidies. Thanks to the close ties between the two stakeholders to municipalities and banks, the comuno GmbH managers were able to quickly develop established know-how. The platform already covers many peculiarities of the municipal sector and continues to evolve in cooperation with users and partners.

In order to successfully establish komuno in Austria, komuno GmbH has joined forces with a strong, local partner and is now selling komuno in cooperation with the company FRC – Finance & Risk Consult GmbH. Sales are handled hand in hand. Headquartered in Eisenstadt, FRC is one of the leading service providers in the areas of financing, investment and risk management. FRC has been a strong partner of Austrian companies and municipalities since its foundation in 2016 and has an established network in the Austrian banking market.

“With FRC, we have found a partner who knows the Austrian municipalities like no other. The managing directors of FRC also bring with them many years of expertise from the banking market and will help us to adapt komuno to the individual needs of our Austrian users. Our software already covers most of the local needs, but it should be developed further with users from municipalities and financial institutions, “says Susan Niederhöfer, Managing Director of komuno GmbH.

Heinz Hofstätter, Managing Director of FRC – Finance & Risk Consult GmbH, emphasizes: “As a neutral and independent consulting company, we always act on behalf of our customers. We observe that the interest of many community representatives in credit platforms is steadily growing and can now cover the growing demand thanks to our cooperation with komuno GmbH. The initial feedback from our customers is very positive and we are convinced that we can establish a new market standard in Austria with komuno. “

Komuno GmbH is the provider of komuno, the digital platform for municipal loans. The platform has interfaces to important customer systems as well as numerous functions that facilitate analogue work processes. komuno meets all IT security and integrity requirements and guarantees the confidentiality of all transaction data.

Further information at www.komuno.de and www.frc-consult.com.

komuno GmbH, Stresemannallee 30, DE 60596 Frankfurt am Main, info@komuno.de, +49 69 667 789 580

FRC – Finance & Risk Consult GmbH, Bergstraße 10, AT 7000 Eisenstadt, support@frc-consult.com, +43 664 816 34 28

About The Author

Heinz Hofstaetter
Over 20 years of international experience in senior management positions in the areas of consulting, banking, finance, asset management, valuation and Real Assets.