Driven by regulatory developments and digitalization, the distribution of financial products must evolve. The competition from insurtechs and fintechs underlines the urgency of differentiation. The entry into force of the Insurance Distribution Directive (IDD) on 1 October next urges the networks of intermediaries to review their quality standard: traceability of the duty to provide advice, setting up control procedures relating
Because of its critical importance for the global economy, the world of finance is among the most regulated of areas. Its institutions have a duty of transparency and security in relation to their clients. The entry into force at the beginning of the year of MiFID II European directive on markets in financial instruments will strengthen the concept of transparency
The distribution of financial products has enjoyed a real Big Bang in Europe since the start of the new year, with the entry into force of the revised directive 2014/65/CE on Financial Markets, called MIFID 2. With a duty to provide much more information to the end client (in terms of both quantity and quality), how are independent financial management
Solutions aiming to increase developers’ productivity entered the market in the 1990s. The appearance of numerous code generators or automatic programming supported sharing within development teams and allowed for assistance in modelling the business need, mapping HMIs (Human-Machine Interfaces), and helping developers manage access to databases.At that time, there was no DotNet, Java, or anything similar. The Internet didn’t exist
The legislator has ratified the creation of a flat tax on capital income, within the framework of the parliamentary debates on the Budget Bill (BB) 2018. This single flat tax, at a rate of 30 %, will be the biggest upheaval in the French life insurance market since the 1998 reform. For Vermeg, the configuration of this new tax – application
In an increasingly volatile economic framework, the very logic behind the design of insurance and banking products must be completely rethought in order to reach the time-to-market speed required for the pre-emption of new parts. The finished product no longer matters as much as its future adaptability to new needs, which are now changing too quickly. And it is this
Finance and insurance players have accumulated application tools over the past decade: some have several hundred of them, implemented internally layer after layer. Over the past 10 years, the digital revolution has put pressure on IT directors to make increasingly elaborate and intuitive web and mobile interfaces available to end customers. The digital revolution began with the appearance of websites,
