The two most powerful influences on financial services have been the regulatory environment and innovation.
We have devoted a great deal of effort in the years since the global financial crisis to trying to understand the fundamental changes impacting the financial services industry and gauging how they might develop in the future. Probably the two most powerful influences have been the regulatory environment and innovation. The pace of change and innovation in the industry is irrefutable and appears to be accelerating. Meanwhile the impacts of regulatory change and technological innovation are becoming linked in unforeseen and significant ways.
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Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.