Driver-based planning for Banks | KPMG | UK
close
Share with your friends

Driver-based planning for Banks

Overview

Our solution has been built to enable collaborative planning across banks’ business and finance departments and provide management with forward-looking views and what-if scenario analysis capability. The solution uses the language and drivers that the business understands and empowers them to make decisions faster. It is built on three simple pillars.

Driving forward looking analysis

Driving forward-looking analysis

Underpinned by value drivers

Underpinned by value-drivers

Truly integrated across the enterprise

Truly integrated across the enterprise

Why the need for the solution?

Banks have recurring challenges in Planning, Budgeting, Forecasting and Stress Testing, including:

Long cycles

Long cycles

Costly effort

Costly effort

Numbers are often out of date as soon as they are published

Numbers are often out of date as soon as they are published

The solution, coupled with KPMG‘s expertise, enables the necessary changes for addressing the challenges banks face with planning and provides a ‘validate-to-use’ cloud-based EPM solution, which is designed to reduce delivery time and cost.

How can the solution help you?

Assist CFOs in meeting their objectives:

  1. 1Always available planning
  2. 2Business and value-driver based
  3. 3Multidimensional
  4. 4Visual, digital and timely output
  5. 5CFO what-if / scenario capability
  6. 6Focus on management actions

Examples of how the solution can help you:

Top-down for Group Planning teams

  • What should the shape of the bank look like across retail asset/liability classes to meet shareholder return targets within the capital and liquidity constraints? Bank CFO What-If Scenario Model
  • How can we automate forecasting the Bank’s full Balance Sheet to meet regulatory asks? Statistical Trending

Product / Business Planning teams

  • How would improved utilisation / drawdown rates for cards impact product balances, income, impairments, direct and indirect costs? Product CFO What-If Scenario Model
  • How can we plan and analyse the impact of management actions to close the gap between the latest forecast and Group targets? Product Management Overlays

Why choose KPMG's driver-based planning solution?

Integrated Planning Integrated Planning

Integrated planning

A defined operating model designed to to easily integrate Strategy, Finance, Business and Capital planning

Multidimensional

Multidimensional

Across management unit, product, channel and customer segment

Collaborative planning

Collaborative planning

Top-down with strategy and bottom-up with business

Reduced production pain and EUC dependence

Reduced production pain and EUC dependence

Increased automation, helping reduce time to build plans

CFO what-if / scenario capability CFO what-if / scenario capability CFO what-if / scenario capability

CFO what-if / scenario capability

Built in scenario models to do what-if analysis by moving key value-drivers before finalising plan

Visual, digital and timely output Visual, digital and timely output

Visual, digital and timely output

Always available planning providing timely financial updates with C-suite level visualisation directly to mobiles and tablets

KPMG Expertise KPMG Expertise

KPMG Expertise

Expert knowledge and know-how provided by our UK-based Banking EPM Centre of Excellence

KPMG time to ‘Go-live’ KPMG time to ‘Go-live’

KPMG time to ‘Go-live’

Implementation of an agile solution using rapid transformation techniques designed to provide value in weeks rather than months

Contacts

Morris Treadway

Morris Treadway

Principal

Global Head of Finance Transformation

MorrisTreadway@kpmg.com

Dan Bolland

Dan Bolland

Director

FS Consulting Finance Transformation
KPMG in the UK

Dan.Bolland@kpmg.co.uk

Minochehr Vania

Minochehr Vania

Senior Manager

FS Consulting Finance Transformation
KPMG in the UK

Minochehr.Vania@kpmg.co.uk