We - advanto Software GmbH - support the finance ministries of the German federal states from Magdeburg with our software solutions. The federal states manage their state debts with software from Magdeburg - a total of over two trillion euros. This absolute monopoly position was already highlighted in 2016 by the Minister for Economic Affairs, Science and Digitalization (quote: "THE solution for debt management of the federal states comes from Magdeburg!"). Our latest development is an innovative solution for the short-term liabilities of the federal states, known as liquidity management, which we also offer to local authorities. With the help of our solution, the state of North Rhine-Westphalia, for example, was able to save public funds in the seven-figure range during the corona crisis through clever investments.
The Saxony-Anhalt Building and Property Office (BLSA) manages the state's fiscal inheritances with our software and the Evangelical Church of Central Germany (EKMD) is supported by us with a solution for fiduciary asset management.