In the past decade, banking and capital markets has witnessed a period of evolution where the sector has become one that is vastly different from what it once was. However this period must be seen as only a precursor to the changes that we expect to witness with even greater and more dramatic scale in the years ahead. In effect, we have moved from a period of fixing the problems of the past to an era of significant restructuring and reinvention driven by a fundamental shift in market structures and business models. Forces driving this sector-wide disruption include technology transformation, digital and data revolutions, cyber security, the rise of utilities infrastructure across Financial Services (FS), the emergence of new “shadow banking” alternatives and the continuing complexities of implementing regulatory reform. It all adds up to change on a massive scale.
As the pace of change increases, the value of independent insight and perspective has never been more relevant. At KPMG we stand ready to advise and assist member firm clients in banking to successfully navigate the currents of change and to harness the unique power of our sector insight and our global network of talented professionals to fully equip clients to grow and prosper in this challenging but exciting future.
We have prepared an overview of our strengths as a strategic advisor and trusted business partner and I am pleased to have the opportunity to share these with you in the form of this brochure. On behalf of our worldwide banking and capital markets leadership, I thank you for considering KPMG for your needs in advisory, tax and audit related matters. We look forward to having the opportunity to work with you.