Raiffeisen-Landesbank Steiermark AG (RLB Steiermark) is a leading regional bank for corporate and private customers and is also the central institution of the Raiffeisen Banking Group Styria. With a balance sheet volume of over 17.1 billion euros (as of 2023), it plays a key role in the region’s financial sector. In addition to the traditional banking business, RLB Steiermark is a central player in the investment business with a large number of investments (active and inactive).

RLB Steiermark originally managed its equity investments in two separate systems for Raiffeisen-Landesbank and Landes-Hypothekenbank Steiermark. This led to a high level of manual effort in the creation of IFRS data deliveries and made it difficult to obtain a uniform view of the investment data. In addition, the clear presentation of carrying amounts and ratings, particularly for accounting purposes, was time-consuming and inflexible. Another problem was that the existing solution was no longer compatible with current Windows versions and would have required redevelopment or complete reimplementation.

RLB Steiermark introduced a central investment management system to replace the previous legacy systems and consolidate all portfolio data in a modern, central database. In the course of the migration, the data was cleansed and inconsistencies eliminated, ensuring high data quality. Automated functions facilitate calculations and reporting by seamlessly integrating book values and ratings from external systems such as SAP. Key date-related reports support accounting. Thanks to the intuitive user interface, all relevant information can be provided quickly and easily.