Financial Services
Financial Services
Why KPMG?
KPMG offers strategic advice backed by strong implementation skills to help our clients succeed in rapidly changing markets.
We are the adviser of choice within the banking sector, nationally and internationally. We provide professional advisory services to half the world's largest banks and have a strong presence in the world's major banking centres.
KPMG offers strategic advice backed by strong implementation skills to help our clients succeed in rapidly changing markets.
We are the adviser of choice within the banking sector, nationally and internationally. We provide professional advisory services to half the world's largest banks and have a strong presence in the world's major banking centres.
Our audit teams have the in-depth industry knowledge that enables us to deliver the statutory audit with rigour and insight, while our advisory group offers advice on financial services accounting issues. Our tax teams advise on the most complex international tax issues and structures. We have a regulatory group, able to advise on and implement all aspects of European and international financial services regulation while our risk and information management teams deliver strategies in these business critical areas.
These services are complemented by our rapidly developing legal team with broad knowledge in banking and commercial law.
We provide strategic consultancy at the highest levels and the practical support to deliver IT and business change.
Banking on success
All European banks are rightly putting e-business at the heart of their future strategy. But two distinct paths are emerging. Some are setting up new and separate "baby banks", such as IF (Halifax) and Banque Direct (BNP Paribas), alongside the traditional brand. Others have eschewed this strategy and are intent on transforming the whole bank into an e-brand. At present, true pan-European banking looks some way off due to cultural and linguistic fragmentation. Nonetheless, across the sector we have identified six key fronts where European banks will need to do battle if they are to be winners in this highly competitive, new environment:
These services are complemented by our rapidly developing legal team with broad knowledge in banking and commercial law.
We provide strategic consultancy at the highest levels and the practical support to deliver IT and business change.
Banking on success
All European banks are rightly putting e-business at the heart of their future strategy. But two distinct paths are emerging. Some are setting up new and separate "baby banks", such as IF (Halifax) and Banque Direct (BNP Paribas), alongside the traditional brand. Others have eschewed this strategy and are intent on transforming the whole bank into an e-brand. At present, true pan-European banking looks some way off due to cultural and linguistic fragmentation. Nonetheless, across the sector we have identified six key fronts where European banks will need to do battle if they are to be winners in this highly competitive, new environment:
- Customer management and retention
- Building and developing the brand
- Developing the capability for continuous product innovation
- Developing world class e-enabled business process and systems
- Building integrated multi-channel businesses
- Blending together banking, technology and marketing skills.
