Luxembourg’s leading position in the fund industry worldwide demands that the country also be a reference in fund governance. The more oversight is robust and investors are protected, the more its influence in the industry will grow. Governance is more important than ever because the pace of change seen in …
Necessity being the mother of (re)invention, the COVID-19 pandemic is both a start and stop button of lockdowns and the trigger for an (almost) dramatic acceleration of digital transformation. We’ve witnessed major changes in the way we work, particularly with the generalisation, at least momentaneous, of home-based work. However, other …
Nearly one year after the beginning of the COVID-19 pandemic –unheard-of by most of us– followed by an economic crisis, the Luxembourg government has decided to focus on helping the people whose income is more limited and may be living in a disadvantageous situation. Consequently, about 60 000 employees are …
When doing true content marketing a business adopts the freemium business model. Have you realised that? Yes, even in the financial services industry. Read through and discover why. But in this article we want to move beyond content strategy matters like the one just stated, and have a look at …
Christmas is upon us, and we’re all ready for a nice family time, likely more intimate and quiet, in this very particular year. The COVID-19 pandemic turned our lives upside down for almost one year now and it was a wake-up call that will be hard to forget. And many …
In a previous blog entry, Armin explained why Customer-centricity is at the core of business strategy for successful transformation. In this article, we would like to focus on tactics to co-create value with customers. Companies have long seen consumers as passive target audiences for what they create. Porter’s value chain …
In this article we discuss potential implications of the COVID-19 pandemic on the best estimate assumptions and capital modeling under solvency II for life insurers. The observations are more applicable to life insurers but can also be relevant for reinsurance. Our conclusions are based on our experience on the insurance …
The last cybersecurity-related blog entry of this special and ineffable 2020 is about the Know-Your-Third-Party approach, which allows for the standardisation of third-party oversight processes, including managing cybersecurity risks proactively. The more technology spreads across the world of work, the more financial institutions rely on software applications and specialised IT …
Recalling the saying, “It’s not a matter of ‘if,’ but a matter of ‘when’,” when it comes to cybersecurity, isn’t pessimistic. On the contrary, it’s fairly realistic. Technology developments are a gale that is constantly changing not only how we live but also how we are. With great advancements come …
There’s this very old myth related to work life. Once you step inside the office (both physically or virtually during these COVID-19 times), you should leave your feelings at the door. It’s a place for productivity, impartiality and efficiency, and feelings are seemingly contrary to these objectives. Reality isn’t really …
