Suggested by the Central Bank of the Republic of Austria - Österreichische Nationalbank (OeNB), the major banking groups in Austria with over 800 institutions representing above 90 percent of the market share at that time, found a common reporting platform: AuRep (Austrian Reporting Services GmbH), which made us the largest reporting facility in Europe. By such outsourcing reporting functions, Austria took a pioneering role in Europe.

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