Financial Services
Financial Services
Why KPMG?
KPMG in Bahrain offers strategic advice backed by strong implementation skills to help our clients succeed in rapidly changing markets.
We are one of the leading advisers of choice within the banking sector, nationally and internationally.
Our audit and risk advisory services teams have the in-depth industry knowledge that enables us to deliver the statutory audit with rigor and insight, while our financial advisory services group offers advisory services on financial services accounting issues. We have a regulatory group, able to advise on and assist in implementation of various aspects of European and international financial services regulations, while our risk and information management teams deliver strategies in these business critical areas.
These services are complemented by our rapidly developing legal team with broad knowledge in banking, insurance and commercial laws.
We provide strategic advisory services at some of the highest levels and the practical support to deliver IT and business change.
Banking on success
All European banks are rightly putting e-business at the heart of their future strategy. But two distinct paths are emerging. Some are setting up new and separate "baby banks", alongside the traditional brand. Others have eschewed this strategy and are intent on transforming the whole bank into an e-brand. At present, true pan-European banking looks some way off due to cultural and linguistic fragmentation. Nonetheless, across the sector we have identified six key fronts where European banks will need to do battle if they are to be winners in this highly competitive, new environment:
KPMG in Bahrain offers strategic advice backed by strong implementation skills to help our clients succeed in rapidly changing markets.
We are one of the leading advisers of choice within the banking sector, nationally and internationally.
Our audit and risk advisory services teams have the in-depth industry knowledge that enables us to deliver the statutory audit with rigor and insight, while our financial advisory services group offers advisory services on financial services accounting issues. We have a regulatory group, able to advise on and assist in implementation of various aspects of European and international financial services regulations, while our risk and information management teams deliver strategies in these business critical areas.
These services are complemented by our rapidly developing legal team with broad knowledge in banking, insurance and commercial laws.
We provide strategic advisory services at some of the highest levels and the practical support to deliver IT and business change.
Banking on success
All European banks are rightly putting e-business at the heart of their future strategy. But two distinct paths are emerging. Some are setting up new and separate "baby banks", alongside the traditional brand. Others have eschewed this strategy and are intent on transforming the whole bank into an e-brand. At present, true pan-European banking looks some way off due to cultural and linguistic fragmentation. Nonetheless, across the sector we have identified six key fronts where European banks will need to do battle if they are to be winners in this highly competitive, new environment:
- Customer management and retention
- Building and developing the brand
- Developing the capability for continuous product innovation
- Developing world class e-enabled business process and systems
- Building integrated multi-channel businesses
- Blending together banking, technology and marketing skills.
© 2008 KPMG Fakhro, a Bahrain partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.
