As financial services continue to recover from the crisis and strengthen risk management, the focus remains on regulations and cost reduction.
Financial services continue to recover from crisis...
As financial services continue to recover from the crisis and strengthen risk management practice, the focus remains on issues such as capital and liquidity management, the changing regulatory landscape and cost reduction. In a number of cases the road to continued economic growth and stability will require new business models and innovative approaches.
Rise of technology, including core systems, mobile platforms and social media with new competition from non-traditional financial services entrants a renewed focus on the customer.Technology is driving change across banking, insurance and investment management companies. Regulation has a constant impact on the sector; it drives trust and transparency for customers and government, but also adds to operating costs. We support our clients in responding to the key external drivers by assisting them to anticipate future challenges, capitalize on opportunities and execute projects effectively.
Smart market participants are seizing this time of change and rethinking their business models, delivery channels, infrastructure, products, services, and optimizing their operations as they expand into new markets to meet the new and demanding needs of their clients. Our close connection with regulators, comprehension of the key issues and deep client insights help clients minimize impact to their daily operations.
KPMG's in Ukraine Financial Services professionals provide audit, tax, legal and advisory services to retail banking, corporate and investment banking, investment management and insurance sectors. We welcome the opportunity to discuss how KPMG member firms can help you achieve your business objectives so please contact us below with any questions you may have.