Comyno

What Comyno does

Comyno GmbH is a Frankfurt-based FinTech and consulting firm founded in 2012 that specialises in securities finance, repo, and collateral management for European banks, broker-dealers, and institutional market participants. Its core offering is the C-ONE platform, a modular, web-based software suite built around straight-through processing of the securities finance value chain, with modules covering front-to-back securities finance, locate management, connectivity adapters (including an out-of-the-box Eurex Repo F7 adapter), regulatory reporting for SFTR/CSDR/MiFID, and distributed-ledger/blockchain integration. The architecture is plug-and-play, designed to bridge legacy core banking systems with modern platforms, trading venues, clearing houses, trade repositories, and DLT networks.

Comyno monetises through three primary streams: C-ONE platform licensing on a modular, multi-year enterprise contract basis; strategic, project, and business-analysis consulting delivered by senior practitioners with over ten years of average financial-technology experience; and managed delegated reporting services, notably SFTR reporting for European clients. Distribution is predominantly direct enterprise sales, supplemented by strategic technology partnerships with Avaloq and SIX that enable co-selling and standardised integration. The firm operates from a Frankfurt headquarters and a Belgrade engineering and DLT hub opened in 2017.

The company is founder/management-owned with no disclosed external institutional investors, and its directors are Markus Büttner, Admir Spahic, and Frank Becker. It is also the official Technology and Integration Partner of SWIAT, a 2023 joint venture with DekaBank, LBBW, and Standard Chartered building blockchain-based financial market infrastructure for digital and traditional assets. Named customers and partners include DekaBank, Hauck & Aufhäuser Lampe, Bankhaus Metzler, SIX Swiss Exchange, Eurex Clearing, Eurex Repo, Clearstream, Cecabank, Union Investment, Vontobel, Dz Bank, the Bundesrepublik Deutschland Finanzagentur, Pirum, EquiLend, and Deutsche Börse. Recent strategic emphasis has been placed on AI-driven automation in C-ONE (June 2025 update), T+1 settlement readiness advisory ahead of the EU's October 2027 CSDR deadline, and U.S. Treasury clearing support.

Name

Comyno

Legal name

Comyno GmbH

Website

https://comyno.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Comyno is a Frankfurt-based FinTech that builds the modular C-ONE securities finance platform and provides consulting, connectivity, and regulatory reporting services to European banks, broker-dealers, and institutional clients for repo, securities lending, and collateral management.

Ownership category

akta.pro rank

Product category

Securities Finance Software

NAICS

Custom Computer Programming Services (541511), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Software Publishers (5132)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Client Reporting Gateways & Connectivity Providers (Submission/Message Translation) (FSAFAJAG)

akta.pro secondary industries

Institutional DeFi & On-Chain Liquidity Infrastructure (Permissioned DeFi, Lending) (FSAGAMAG), Prime Brokerage & Institutional Trading Services (FSAPADAF)

Keywords

• Securities finance software
• Repo trading platform
• Collateral management solutions
• Regulatory reporting SFTR
• Fintech consulting services

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Software Licensing - C-ONE Platform: C-ONE is offered as an in-house/platform hybrid solution with modular design ensuring a cost-effective, transparent pricing model. Financial institutions license the platform for securities finance, connectivity, regulatory reporting, and DLT/blockchain capabilities.
2. Consulting Services: Strategic consulting, project and program management, business analysis, technical and infrastructure consulting, product architecture and design, software development, and blockchain development services delivered by a team with over ten years of average experience in financial technologies.
3. Delegated Reporting Services: Comprehensive delegated reporting services for SFTR compliance, enabling clients to outsource regulatory reporting obligations.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Comyno develops and licenses the C-ONE platform, a modular, web-based securities finance software suite that provides straight-through processing for securities lending, repo transactions, collateral management, locate processing, regulatory reporting (SFTR/CSDR/MiFID), and DLT/blockchain connectivity. The company also delivers specialized consulting services in securities finance strategy, project/program management, business analysis, and integration support for financial institutions preparing for regulatory transitions such as T+1 settlement and U.S. Treasury central clearing.

Product overview

Comyno offers a platform-plus-modules architecture centred on the C-ONE suite, a modular software system for straight-through processing of securities finance. The core C-ONE platform provides foundational capabilities that are extended through specialised modules: C-ONE Securities Finance (front-to-back office), C-ONE Locate Manager (locate request processing), C-ONE Connectivity (data management with adapters like Eurex Repo F7), C-ONE Regulatory Reporting including SFTR solutions, and C-ONE DLT/Blockchain for distributed ledger integration. Services include T+1 Settlement Readiness Solutions, U.S. Treasury Clearing Support, SWIAT Integration Services, and consulting offerings (Strategic Consulting, Project & Program Management, Business Analysis & Consulting). The platform integrates with major industry platforms including EquiLend NGT, Eurex Repo, SWIAT, SIX, Avaloq, and Pirum.

Differentiator

Problem solved

Functional benefit

Brands

• C-ONE: Comyno's flagship modular securities finance software suite providing straight-through processing for securities lending, repo trading, collateral management, regulatory reporting (SFTR), and DLT/blockchain connectivity.
• C-ONE SFTR
• C-ONE Connectivity
• SWIAT

Products and services

• C-ONE Platform Core modular software platform delivering straight-through processing for securities finance business activities, with flexible modules that integrate into existing legacy infrastructure via plug-and-play connectivity.
• C-ONE Securities Finance Suite Front-to-back office solution for securities lending, repo trading, collateral management, and trade matching, facilitating interaction with third-party service providers and plug-and-play expandability.
• C-ONE Locate Manager Specialised solution for managing incoming locate requests from multiple sources, providing intelligent filtering, standardised display, real-time lendable position checks, automated replies, and automated trade booking.
• C-ONE Connectivity Data management platform providing heterogeneity of platforms and communication protocol interoperability; serves as a data warehouse hub receiving and sending data with securities finance plug-ins including the Eurex Repo F7 Adapter.
• C-ONE Regulatory Reporting (SFTR / CSDR / MiFID) Regulatory reporting solution covering SFTR, CSDR, and MiFID requirements with data collection, enrichment, ISO 20022 format translation, in-scope instrument validation, and real-time publication for trade reporting compliance.
• C-ONE SFTR Reporting with Delegated Reporting Service

Quantifiable outcome

• Successfully settled €350 million worth of securities on Digital Collateral Protocol blockchain
• +2 more outcomes

Named customers11 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability3 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered flagship and core.

• SWIATflagshipStrategic or Co-development Partner · 26 January 2023SWIAT is a joint venture of DekaBank, LBBW, Standard Chartered and Comyno building a blockchain-based financial market infrastructure for digital and traditional assets. Comyno is the official Technology and Integration Partner, enhancing the platform technically and functionally.
• DekaBankcoreTechnology or Integration · 17 November 2021Comyno supported DekaBank and Bankhaus Metzler to successfully execute the first Delivery versus Delivery transactions in real-time using blockchain via C-ONE. DekaBank is also a founding member of SWIAT joint venture.
• Hauck & Aufhäuser LampecoreTechnology or Integration · 7 November 2018Hauck & Aufhäuser signed an agreement to license Comyno's C-ONE securities finance platform to expand its securities finance offering. The partnership has evolved to include blockchain-based securities lending transactions on the Digital Collateral Protocol, settling €300 million worth of securities.
• AvaloqcoreTechnology or IntegrationStrategic partnership with Avaloq extends C-ONE platform integration capabilities across the securities finance industry, enabling standardised connectivity for financial institutions using Avaloq systems.
• SIXcoreTechnology or IntegrationStrategic partnership with SIX extends platform integration capabilities. Integration of CO:RE platform via C-ONE Connectivity enables SIX to improve STP processing of delegated reporting for EU-domiciled clients of the SIX Repo Platform.
• EquilendcoreTechnology or IntegrationC-ONE provides standardised connectivity to EquiLend NGT platform, advancing connectivity, automation, and market efficiency in securities finance.
• Eurex ClearingcoreTechnology or IntegrationPartnership enables connectivity to Eurex Clearing services for C-ONE clients, supporting pre- and post-trade automation.
• Eurex RepocoreTechnology or IntegrationEurex Repo F7 Adapter provides out-of-the-box connection to Eurex Repo markets including Euro Repo, GC Pooling and Triparty Repo via dedicated F7 API.
• Deutsche Boerse GroupcoreTechnology or IntegrationPartnership with Deutsche Boerse Group provides connectivity to Xetra and related market infrastructure through C-ONE platform.
• Bankhaus MetzlercoreTechnology or IntegrationPartnered with DekaBank to successfully execute the first Delivery versus Delivery transactions in real-time using blockchain via C-ONE Securities Finance Software.

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• ION Group: ION Group owns several capital markets and securities finance platforms (including Fidessa and various fixed income/securities finance products) and competes for large enterprise mandates with bundled functionality that overlaps with C-ONE's front-to-back coverage.
• FIS: FIS offers capital markets and securities finance solutions (including legacy Summit and Private Edge modules) plus related consulting and regulatory reporting services, making it a broader incumbent that competes for outsourced securities finance and SFTR reporting engagements.
• Murex: Murex is a broad incumbent capital markets trading, risk, and post-trade platform widely deployed at investment banks and asset managers. While not as specialised as Comyno in repo/locate workflows, Murex competes for the same platform modernisation and regulatory reporting budgets at large European banks.
• Broadridge: Broadridge provides post-trade, securities finance, and regulatory reporting technology to global financial institutions. Its SFTR and collateral management offerings put it in direct competition with Comyno's regulatory reporting and connectivity stack at buy- and sell-side firms.

Direct peers

• Pirum: Pirum provides post-trade connectivity, securities finance reconciliation, and collateral messaging services to the same institutional client base that Comyno targets with C-ONE. Pirum and Comyno are also direct partners (joint post-trade solution), underlining the directly comparable product overlap.
• EquiLend: EquiLend operates the EquiLend NGT securities lending trading platform, which Comyno's C-ONE Connectivity specifically integrates with. Both companies sit squarely in the agency securities lending and repo technology stack, addressing the same buyside and sellside workflow modernisation problems.
• Calypso Technology (Finastra): Calypso (now part of Finastra) provides a cross-asset capital markets platform covering securities finance, repo, collateral management, and regulatory reporting—directly overlapping with C-ONE Securities Finance and C-ONE Regulatory Reporting at tier-1 banks.
• Regis-TR: Regis-TR is one of the major European trade repositories for SFTR reporting and a direct integration partner of Comyno. While repository-side rather than client-side software, it overlaps operationally on SFTR reporting submissions/connectivity that Comyno's C-ONE SFTR module services.
• Acadia (formerly AcadiaSoft): Acadia provides collateral management, margin processing, and related risk services infrastructure widely used by the same dealer and buy-side counterparties that Comyno serves. Both address collateral optimisation, margin workflow automation, and regulatory compliance pain points across the securities finance value chain.

Regional players

• Vermeg: Vermeg offers collateral management, securities finance, and regulatory reporting solutions (SOLCAR, COLLINE) primarily used across European and emerging-market banks. It targets the same SFTR and collateral workflow modernisation spend as Comyno but has a different geographic centre of gravity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/comyno-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Comyno