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KPMG ranked #1 in overall quality for global financial services consulting

KPMG ranked #1 in overall quality for global financial

Source Global Research ranked 13 global firms

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KPMG has announced it has been awarded top score for overall quality of work in financial services consulting according to the Source Global Research report, Perceptions of Consulting in Financial Services. The report ranks the 13 firms identified as front-of-mind for 1,866 survey respondents, made up of direct and indirect clients and prospects of financial services consulting. Survey respondents ranked firms on overall mindshare, quality and value.

Of the ranking, Russell Kelly, Senior Partner and Head of Advisory in the Isle of Man said: “It’s rewarding to be recognised by the industry and it fuels us to continue developing leading solutions and expertise to share with our clients. On the island, we’re all involved, either directly or indirectly with the financial services industry and therefore recognise there’s an unprecedented opportunity both locally and globally but it also faces critical challenges with legacy infrastructure and industry disruptors. We are thrilled to see that clients and prospects recognise our leadership in this important field.”

Firms were ranked on a number of factors, with KPMG leading in: innovative approach, account management, methodologies used, quality of thought leadership and breadth of services. This year KPMG rose eight points in positive sentiment, a higher increase than any other firm measured.

“The results were based across 13 services, and it is really encouraging that they ranked highly in services we provide to both our local Isle of Man clients but also where we input into the global network”, said Simon Nicholas, Partner and Head of Digital. “To know we have been ranked top in service lines such as digital transformation, robotics, data & analytics, legacy technology, artificial intelligence and risk management is fantastic and a real encouragement to the local specialists in our office who are providing these services day in day out.”

Source Global Research specifically called out account management as an important factor in a firm’s overall rating: “…many financial services clients are in the full swing of transformation programmes, requiring a firm to pull on its full breadth of skills to meet complex client needs; a good account manager facilitates access to the full gamut of a firm’s capabilities, while a bad one acts as a gate-keeper.”

The results are based on 1,866 respondents to a survey of senior clients of consulting firms and featured in Perceptions of Consulting in Financial Services published by Source Global Research. For more information about Source and its research please visit: www.sourceglobalresearch.com.

The term Partner refers to a member of KPMG LLC / KPMG Audit LLC.

© 2019 KPMG LLC, an Isle of Man limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

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