Emergence of fast evolving digital technologies, increased regulatory pressure and global economic uncertainty are key factors in the current risks landscape. KPMG Risk Consulting assists clients to develop robust risk mitigation methods by interpreting the underlying drivers of global risks.
Risk of adverse changes in the equity markets as banks make and manage direct equity investments
Risks relating to models and assumptions in areas such as capital calculations and stress testing
Macroeconomic uncertainty in key markets from factors such as the UK's vote to leave the EU (Brexit), economic recession in Brazil and Russia and slowdown in China could hamper growth in some markets
Risks to data integrity from outdated data governance frameworks, as data management gains strategic importance and new regulatory requirements call for frequent, consistent, accurate and timely data collection
Regulatory capital risk due to increasing stringency of banking regulations post financial crisis, which could require a bank having sufficient capital resources to meet its capital adequacy requirements
Competition and disruption emerging from new fintechfirms which develop new services and products based on innovative technologies including cloud, big data analytics, internet of things and digital payments processes