This blogpost analyses the BaFin circular "Insurance Supervisory Requirements for IT (VAIT)" and puts it in the context of BAIT and ZAIT.

At the same time as the Banking Authority IT Requirements (BAIT), the German Federal Financial Supervisory Authority has also updated the Payment Services Authority IT Requirements for Payment and E-Money Institutions (ZAIT). The following blog post deals with the changes to the various requirements and analyses the differences between BAIT and ZAIT. It can be said at the outset that, in comparison, six chapters have remained the same in terms of content, five chapters have changed in part and the changes in the area of "outsourcing" have changed significantly. Furthermore, ZAIT introduces more fine-grained specifications, a framework with target formulations and the freedom of implementation with appropriate measures increasingly becomes a catalogue of measures.

In today's company landscape, most HR departments lack an understanding and active involvement in business strategy development. Instead significant capacity is allocated for repetitive processes and commodity services such as HR management. In this blogpost, we outline strategies to transform HR from a cost-center into a primary strategy execution lever effectively eliminating administrative overhead.

Apple's strategy of enforcing an identity management system on local devices to store and reuse sensitive customer information is potentially disrupting the exponentially growing and highly profitable identity market. Possible cooperation and mitigation models are discussed in detail in our blog post "Apple Identity Wallet - Disruption as a catalyst for digital transformation".

Approaches aimed at increasing functionality with smaller budgets are frequently discussed at management level in established companies, but are rarely successfully implemented.

The amount of data in the network increases exponentially. The importance of the evaluation of these large amounts of data – Big Data Analytics – plays especially for insurance a major role.