Raiffeisen-Landesbank Steiermark: Structure Instead of Complexity

A modern building, home of Raiffeisen Landesbank

Efficient participation management is indispensable for financial institutions with complex structures. Raiffeisen-Landesbank Steiermark AG (RLB Steiermark) faced the challenge of consolidating participation data from two separate systems. With Goldright as the solution partner, data quality was significantly improved, reporting processes were automated, and the entire participation area was strategically strengthened.

The initial situation

Two systems, high complexity

The RLB Steiermark managed its approximately 300 holdings in separate systems for the Landesbank and the Landes-Hypothekenbank. This made consistent evaluations enormously difficult and increased the manual effort, especially regarding IFRS data delivery. Moreover, the old software was no longer compatible with current Windows versions, and there was a lack of an intuitive, central overview of book values, ratings, and documents.

The solution

Why was the decision made in favor of Goldright?

Economic efficiency: Convincing value for money.
Local proximity: Direct contacts on site.
Adaptability: Flexibility to meet individual requirements.
Complex structures: Problem-free representation of nested ownership structures.
User-friendliness: Simultaneous access by multiple users without in-depth IT knowledge.

How we supported Raiffeisen Landesbank Steiermark

A product that combines functionality and user-friendliness wonderfully. Data maintenance and the subsequent output are possible at the push of a button. A great support in daily work, where the participations division is a data provider for many other specialist departments.

Tatjana Skalé

Legal Entity Management, Raiffeisen State Bank of Styria

Efficiency Through Consolidation

With Goldright, RLB Steiermark introduced a central system that completely replaced the old systems. As part of the migration, data was cleaned and inconsistencies were eliminated. The software now allows for the seamless integration of information from external systems such as SAP. Automated reports and date-related evaluations significantly simplify accounting.

Before

High manual effort, lack of transparency, and complicated IFRS data delivery through separate systems.

Now

All participation data centrally, consistently, and up-to-date available – including automated reports at the push of a button.

Future Perspectives

The new solution provides a future-proof, scalable platform that can be flexibly adapted to new requirements. This makes the RLB Steiermark's participation area an even more reliable and faster data provider for the entire company—today and in the future.

Join our growing list of satisfied customers

Learn how Goldright can help your company transform its data management.

Your personal contact person

Philipp Seibald

Vice President Sales

+43 664 60801616

[email protected]