No matter what your organization's position within the financial services market, at KPMG we have the knowledge to help you. We serve approximately 20,000 financial institutions globally, from many of the world's largest banks, insurance companies and fund managers, to mid-sized national players and small-scale specialists.

Our aim is to help you build a more profitable, focused and efficient business by working with you on areas such as:

With almost 10,000 professionals dedicated to the financial sector worldwide -many of whom have come from the industry itself - your market needs and an understanding of the issues that matter drive our services.
Through this thorough understanding of the financial services marketplace, we can help you create and provide value. Whatever your priority - ever-increasing regulatory requirements, new senior management responsibilities, capital adequacy requirements under the new Basel Accord/Solvency II, tax and pension scheme advice - KPMG can help.

Risk and Capital Management
Risk is fundamental to the financial services industry. Whether it is an investment banker underwriting a share issue, a commercial banker making a loan, an insurer writing a policy or a fund manager running a portfolio they are all evaluating, pricing and managing risk.
Modern financial institutions need sophisticated tools and techniques to manage and mitigate these risks while at the same time maximizing the return on capital deployed in support of this activity.
Basel II and Solvency II are significant in that they are changing the rules of the game and is increasing the need for an integrated, enterprise-wide approach to risk management.

Regulatory Compliance
Financial Services is arguably the most highly regulated industry in the world. The regulatory landscape is ever changing. Regulatory risks and issues are key external drivers in the financial sector's strategies, processes and organization.
Increasingly, the trend towards international regulation calls for cross-border responses.
KPMG can help prevent, mitigate, manage and address regulatory failings.
Our approach is also to help maximize business advantage from regulatory challenges.

Reporting, Internal Controls and Corporate Governance
The global investor community is demanding higher standards of accountability, behavior and performance, particularly in light of recent business failures.
Both industry and governments are responding with reforms that will serve to strengthen financial management, reporting and corporate governance.
This ever-changing business environment has brought additional requirements for more comprehensive performance reporting, looking beyond the numbers to non-financial indicators. Increasingly, to receive the confidence they need from the capital markets, companies will be expected to explain their values, responses to business risks, and the link between objectives and performance.
New standards are also being proposed in most major countries that will modernize and help rebuild confidence in financial reporting. Financial statements will become more transparent, using new concepts, such as fair value reporting.
Market reform will force companies to re-examine their corporate governance processes and procedures to ensure appropriate oversight. Board members will have to be independent and competent. Audit Committees will have to work more closely with senior management and outside auditors to ensure the quality, completeness, and integrity of their corporate reporting.

Tax Management
Financial companies face complex tax regulation and related issues such as:
In this global marketplace and environment of complex changing regulation, KPMG member firms provide multinational tax services in a effort to provide superior quality and a broad range of services to our multinational clients.