MuniFin is successfully utilising Acumen to comprehensively manage deal capture, pricing, middle-office, reporting, collateral management, back-office and risk management processes.
Municipality Finance / Kuntarahoitus (“MuniFin”) based in Helsinki, Finland, selected Acumen, the Treasury platform by Login SA to effectively manage and automate their operations.
With a total balance sheet of 34bn euros MuniFin, is the second largest credit institution in Finland and the only lender focused on the financing and financial risk management of the municipal sector and non-profit housing companies. MuniFin’s main activity is to issue bonds on the international capital markets at the lowest cost using its AA+ rating, then swap the bonds with international banks to hedge the risk, and finally offer loans at low interest rate to Finnish municipalities for various types of local and regional projects.
MuniFin is successfully utilising Acumen to comprehensively manage deal capture, pricing, middle-office, reporting, collateral management, back-office and risk management processes.