OLAF BAUNACK , SENIOR VP OF FINANCIAL SERVICES AND INSURANCE AT INTELLIAS
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OLAF BAUNACK , SENIOR VP OF FINANCIAL SERVICES AND INSURANCE AT INTELLIAS
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Reflecting on your 20-year career , can you share a key milestone that shaped your trajectory in financial services and insurance , as well as insights gained from challenges or regrets and how these contribute to your current role at Intellias ?
Reflecting on my 20-year career in financial services and insurance , the most impressive is the digital transformation wave within the industry . It was a pivotal moment when I realised the immense and not ending potential of leveraging technology to drive innovation and meet the evolving needs of clients in the sector .
A key milestone in my career was my role working with a global tier one service provider , heading sales in FS & I in Central Europe . In this role , I regularly negotiated significantly large deals with C-Level executives to deliver high quality network interconnectivity services globally . However , one of my key learnings was that we were less agile and innovative than midsize companies and less customer culture centric . So , I onboarded midsize well-established partners like Intellias , to come back to faster traction and more customers ’ need focused traction .
Seeing and feeling this special spirit of the Intellias people motivated me to move to my current role .
What excites me most about my role at Intellias is the opportunity to work alongside incredibly talented individuals and harness the power of digital technology to drive innovation in financial services and insurance . Intellias is not just a software development provider ; we are pioneers in digitalisation , offering end-to-end solutions that are transforming the industry . Our close collaboration with top-tier clients and our focus on breathing life into great ideas epitomise our commitment to driving positive change through technology .
Outside of work , my passion for motorsport as a driver , clay shooting and e-MtB riding reflects my competitive spirit and drive for excellence . These pursuits serve as a source of inspiration and fuel my determination to continually push boundaries and strive for success , both personally and professionally .
With your extensive experience in heading global sales for dynamic B2B environments , how do you see FinTech evolving and what strategic goals does Intellias have to stay at the forefront of innovation in the financial services and insurance sector ?
The Financial industry is on a remarkable trajectory of evolution , driven by a convergence of technological innovation and shifting consumer demands . We are witnessing a seismic shift in how financial services are delivered , with a strong emphasis on digital transformation , personalisation and security . As technology continues to advance , we can expect to see FinTech solutions becoming even more integrated into our daily lives , offering seamless and intuitive experiences tailored to individual needs .
At Intellias , we have set ambitious strategic goals to ensure that we remain at the forefront of innovation in the financial services and insurance sector . Primarily , we are heavily investing in research and development to stay ahead of emerging trends and technologies . This includes exploring areas such as Blockchain , AI and open banking to develop innovative solutions that address the evolving needs of our clients .
Additionally , we are fostering strategic partnerships and collaborations with FinTech startups , financial institutions and technology providers . By leveraging collective expertise and resources , we can co-create innovative solutions that drive value for our clients and propel industry-wide innovation . Furthermore , we are prioritising customer-centricity in everything we do . By deeply understanding our clients ’ business objectives and challenges , we can deliver tailored solutions that address their specific needs and drive mutual success .
Lastly , we are committed to ensuring compliance with regulatory standards
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