by Hendrik Fischer | Feb 27, 2023 | Regulation & Analytics
Nothing is more constant than change, and so from time to time the financial world faces ever new challenges that at first glance seem far removed from business. If the introduction of reporting for credit data statistics and, not least, FinStabDev confronted us with required information, the procurement of which had to be carried out via external providers or our own surveys, incl. the data collection. marketing activities went beyond what was known to date, the financial industry has simply been facing new outsized challenges since the adoption of the Paris Climate Agreement at the end of 2015.
by Fahri Can | Nov 17, 2022 | IT Security, IT Security, Regulation & Analytics, Regulation & Analytics
With the last MaRisk amendment (Circular 10/2021, Minimum Requirements for Risk Management), a number of topics relating to IT security were adjusted, resulting in major implementation efforts. A little more than a year later, the German Federal Financial Supervisory Authority (BaFin) has now published its draft of the 7th MaRisk amendment for consultation.
by Marco Tönjes | Jul 30, 2022 | Regulation & Analytics, Regulation & Analytics
On September 29, 2021, the Deutsche Bundesbank published the final version of the guideline for data collection on residential real estate financing to implement the Financial Stability Data Collection Regulation, or FinStabDEV for short.
by Johannes Hugo | Mar 8, 2022 | IT Security, Regulation & Analytics, Regulation & Analytics
When it comes to compliance issues, the question is usually where to start, where to stop?
by Pia Streicher | Mar 4, 2022 | IT Security, Regulation & Analytics, Regulation & Analytics, Regulatory Reporting, Regulatory Reporting
Cyber risks and IT security are increasingly in the focus of supervision with new technologies on the rise. Consequently, the German Federal Financial Supervisory Authority (BaFin) published its Insurance Supervisory Requirements for IT (VAIT) on March 3, 2022, thus bringing them into force.
by Felix Rehm | Oct 25, 2021 | Human Resources, Human Resources, Regulation & Analytics, Regulation & Analytics, Software Solutions, Software Solutions
In the course of digitalization, companies are increasingly making more data-based decisions. The development towards a “Data Driven Company” is becoming the new status quo. For example, traditional reporting is becoming more and more dynamic through the use of modern business intelligence tools, right up to “self-service BI”, in which users can create analyses independently.
by Felix Rehm | Oct 5, 2021 | Human Resources, Human Resources, Regulation & Analytics, Regulation & Analytics, Software Solutions, Software Solutions
If you want to optimize and automate your HR reporting, it makes sense to use a standardized reporting template.
by Hendrik Fischer | Jan 12, 2021 | Regulation & Analytics, Regulation & Analytics
As of 2025, SAP will discontinue support for SAP Bank Analyzer and thus also for CRA. Abacus360 offers an alternative in reporting.
by Basil Sattler | Nov 25, 2020 | IT Security, Regulation & Analytics, Regulation & Analytics
The current pandemic with the COVID-19 virus confronts Germany, like many other countries, with unprecedented scale.
by Hannah Beck | May 15, 2020 | Data Management, Data Management, Finance, Finance, Regulation & Analytics, Regulation & Analytics, Risk Management, Risk Management, Software Solutions, Software Solutions
The Covid 19 virus has dominated our daily lives for quite some time now. Every individual and every company has had to experience the force and intensity with which the pandemic has hit us.