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KPMG and IBM

KPMG and IBM

Delivering value across today’s evolving business landscape takes innovation and this is what you’ll find at the core of the KPMG and IBM alliance. We combine IBM’s leading technology with KPMG’s in-depth knowledge of business processes, sector insights, regulatory, risk, finance, and operational issues to address the challenges of digitally transforming your business. 

The alliance offers a wide range of solutions, including a number enabled by IBM Watson’s cognitive technology. These solutions help to integrate machine learning (ML) and other artificial intelligence (AI) technologies, as well as blockchain solutions based on Hyperledger, governance, risk and compliance (GRC) solutions that leverage IBM Open Pages, and driving business transformation together with IBM Global Business Services (GBS).

Solution areas

Intelligent Automation / Artificial Intelligence

Leveraging IBM’s market-leading artificial intelligence IBM Watson suite of products, as well as IBM’s Digital Business Automation solutions and KPMG experience in business process management (BPM) and technology implementation, can help you fully realize the power of the cloud to drive significant and sustainable results. 

KPMG Contract Abstraction Tool
The KPMG Contract Abstraction Tool is a managed service offering that can help your organization remove the burden from adoption of the IFRS 16 Leases standard. The tool uses IBM Watson and the DBA portfolio to extract and analyze IFRS 16 relevant data points in your leasing contracts.

Marketing Managed Services
In the digital world, consumers receive marketing and sales message every day. To be different and gain attention, your company needs to leverage more sophisticated marketing tools and techniques. KPMG, using IBM Watson technologies, has developed an easy-to-implement solution that will deliver automated, targeted marketing campaigns to your customers.

KPMG Research Credit Services with IBM Watson
KPMG’s dedicated Research Credit Services team, combined with the IBM Watson cognitive platform, can help you increase volume and success in capturing R&D tax credit subsidies.

Blockchain

A next generation, distributed blockchain platform with Hyperledger

Blockchain has captured the imagination of many industries and has the potential to establish trust, accountability, and transparency while also streamlining business processes. KPMG and IBM are working together to jointly create a next generation, distributed platform that focuses on a number of key areas:

  1. Provenance: A new platform designed for producers, exporters, logistics and trade infrastructure providers.
  2. Trade Finance: Helping those Financial Services organizations that are primarily focused on providing financing risk management and enabling cross border trade for small and medium enterprises.
  3. Token Economics: Offering a specialized toolkit to support clients with basic audit, tax, legal, and regulatory compliance requirements.

Risk & Regulatory

KPMG and IBM OpenPages Governance, Risk and Compliance
By combining KPMG’s time-tested governance, risk and compliance methodology with IBM’s OpenPages GRC Platform, we can help your organization benefit from optimized costs, process efficiencies, enhanced compliance management, and reduced risk exposure.

KPMG FASB Leasing Tool
The KPMG Leasing Tool provides you with a pre-configured and cost-effective solution to help address the new requirements outlined in the release of the new lease accounting standards by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB).

Managed Risk Services
Using the IBM OpenPages platform, this solution brings together all of your risk and compliance activities into a single centralized place. With this integration centralization, you can gain clear traceability of your risk activities and be able to make more informed business decisions.

Joint Services Teaming

Customer Transformation
Businesses are facing increasing levels of complexity when embarking on large-scale transformation projects. IBM GBS and KPMG’s joint solutions offer a complete range of services including technical expertise, as well as in-depth sector knowledge, governance, risk, and compliance capabilities to help ensure success and strong ROI.  

 

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

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