“We absolutely and sincerely recommend collaborating with ALM Partners to all companies in the industry.”
Municipality Finance (Kuntarahoitus) is Finland’s third-largest financial institution by balance sheet, which places it under the supervision of the European Central Bank (ECB). Municipality Finance’s mission is to ensure a competitive price and availability of financing for its clients under all market conditions. Its customers include the Finnish municipal sector, state-subsidized housing production, and welfare areas. Municipality Finance is owned by municipalities, Keva, and the Finnish State.
“When Municipality Finance came under ECB supervision in 2016 and after 2015, requirements and regulations as a whole increased, cooperation with ALM Partners also began.”
ALM Partners provides Municipality Finance with data management, risk management, and regulatory services. These services are essential for Municipality Finance’s operational continuity and regulatory relationships. As these are highly critical areas, the collaboration must be seamless, reliable, and long-term—areas in which ALM Partners has excelled exceptionally well.
“ALM Partners has been able to respond to industry changes very quickly and provide the most up-to-date information to support MuniFin’s operations.”
The position of ALM Partners’ employees in an external consulting company enables continuous development of knowledge and expertise in areas where internal focus or time may not be available. ALM Partners has made it possible to access expertise and knowledge, which are normally hard to obtain, in a flexible manner as needed. One of ALM’s absolute strengths is the most up-to-date knowledge of the industry and its changes, which results in providing a large amount of additional value, some of which may even be invisible.
“The scalability of expertise in areas where we lack knowledge or don’t continuously need it helps us overcome mountains when necessary.”
Projects with ALM Partners are executed excellently and meet all requirements. Additionally, ALM Partners can provide the right expertise on a scalable basis for projects, even at short notice. For example, stress testing is highly challenging and demanding internally, and ALM Partners has been able to provide excellent support by offering the necessary personnel and expertise to handle these tasks.
