The Digital Operational Resilience Act (DORA) has set the stage for a harmonized digital resilience framework across the European Union’s financial sector. However, its implementation in Germany introduces some critical adjustments. Notably, the Federal Financial Supervisory Authority (BaFin) plans to phase out existing supervisory requirements, such as BAIT, to avoid double regulation. This shift signals a streamlined compliance environment, but also necessitates a clear un

The insurance industry stands at a pivotal crossroads. Legacy core systems - built for a different era of business - are increasingly unable to meet the speed, flexibility, and digital expectations that today's market demands. From billing and underwriting to claims processing and customer-facing services, outdated infrastructure creates technical debt, limits innovation, and puts insurers at a growing competitive disadvantage. Core systems modernization is no longer a long-t