Frontiers in Finance looks at the key challenge for financial services management – having the courage to change.
“The multi-dimensional complexity of today’s challenges means that speed, alignment, agility and execution are vital.”
– Jeremy Anderson, Chairman, Global Financial Services, KPMG
The articles in this edition of Frontiers in Finance illustrate the huge scale and pace of the changes taking place in the global economy, and the complexity of the challenge which these external changes impose on the financial services industry.
Some are driven by technology, from how data is changing the way we service customers, satisfy the regulators and undertake stress testing, to how technology can strip out costs, streamline processes and disintermediate roles. Others are demographic, transforming customer needs, attitudes and demands.
Another fundamental challenge is how to secure growth and profitability in a low interest rate environment, whether this be through new markets or through the development of new products and services. These create a key challenge for management: how to create a management team with the right capabilities in the organisation to manage complex, multi-dimensional change.
© 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. 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. All rights reserved.
KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.