Trusted AI Services for Financial Services

Our Digital Innovation Services team consists of dedicated and innovative experts with extensive implementation experience around complex digital transformation topics. Our focus is particularly in the area of financial services.

At KPMG, our focus is on Trusted AI. However, we also offer a comprehensive range of Digital Services throughout the entire innovation process (from ideation to proof of concept to the technical implementation of AI and data platforms). We work in agile setups and in a close co-creation mode to develop and implement successful AI strategies. Our services in the areas of Trusted AI and Digital Services are designed to unlock the business potential of artificial intelligence and overcome the complexity of artificial intelligence as well as data and business platforms. This enables efficiency gains and business growth through innovative solutions.

Simplify compliance with the EU AI Act in your company with our comprehensive expertise. We support you every step of the way, from detailed analysis of AI use cases and models to thorough organizational health assessments. We also support in building a risk-adjusted and robust AI governance that is equipped with all necessary tools and processes you need to ensure sustainable compliance. In addition to our Trusted AI services, our team designs and develops AI applications and can assist you in optimizing your data landscape with state-of-the-art data and technology platforms. To achieve this, we work in interdisciplinary teams of data scientists, data engineers, lawyers, and auditors.

Dare to transform your organization’s artificial intelligence landscape and take the step towards digital transformation. Leverage our expertise to actively prepare your company to realize the opportunities of an AI-driven future while ensuring compliance with the EU AI Act.

Bobby Zarkov

Partner, Financial Services

KPMG Switzerland

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Andreas Paul

Partner, Financial Services Markets & Business Solutions

KPMG Switzerland

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Do you find yourself in one of these situations?

In relation to the upcoming EU AI Act, you want to…

expand your knowledge of AI and the EU AI Act within your company.

understand what an AI application is under the EU AI Act and which applications in your company are affected.

understand how the requirements will impact your company and your AI application portfolio, and how you can prepare for them.

ensure that you meet all requirements from a governance perspective.

source missing personnel resources or internal technological know-how externally.

In terms of AI development and implementation in your company, you are striving to…

integrate artificial intelligence into your business processes and product development to unlock efficiency gains, growth potential, and higher customer satisfaction and centricity.

optimize and streamline your AI landscape in a structured manner to identify and select the best consolidation solution for your company’s specific requirements.

offset missing personnel resources or internal technological know-how with temporary support from AI strategy and technology specialists.

Our services

Are you ready to realize the opportunities of Trusted AI?

Our team brings extensive experience with complex AI projects and is ideally positioned to address your unique challenges. We help you ensure the compliance, trustworthiness, and governance of your AI landscape to strengthen trust, transparency, and traceability, thereby ensuring the success of your digital transformation.

We integrate technical, legal, and regulatory expertise, allowing us to tailor our services to your specific needs and business goals.

AI Health Check – Compliance

We ensure full compliance with the latest laws and regulations and provide you with a clear view of the current and desired state of your AI application portfolio. To achieve this, we align your existing portfolio of AI applications and your AI roadmap with the risk-based approach of the EU AI Act. Based on this alignment, we identify deficiencies through a gap analysis and define appropriate corrective actions along with a roadmap to address the identified gaps. As needed, we are also available to support you in implementing the defined measures. Additionally, we offer deep dives for specific, higher-risk AI applications for detailed scrutiny.
AI Model and Algorithm Review and Assessment - Trustworthiness

We ensure the trustworthiness of your AI applications, thereby promoting transparency and ethical use of AI. We review and assess your AI models for model risk, explainability, biases, fairness, and accuracy of results using algorithms and analytical frameworks. Based on the insights gained, we develop actionable recommendations to enhance current models and introduce best practices for AI governance. Additionally, our team of data scientists and data engineers with implementation experience can support you in model development while complying with the EU AI Act and adhering to rigorous data governance strategies.

We use our own data scientists and data engineers with AI implementation experience. In line with the EU AI Act, this service applies strict data governance strategies to ensure compliance and responsible AI management for AI models.
AI Governance Framework - Governance

We build a robust AI governance organization with you based on your innovation appetite, your existing AI portfolio and our Trusted AI framework to minimize risks, ensure ethical use, and comply with regulations. Based on this foundation, we define a roadmap for the phased internal implementation of AI governance and provide tools for implementing the defined processes. With our comprehensive expertise in AI and the implementation of data science platforms for machine learning, we can support you not only in conceptual development but also in practical implementation.

Trusted AI Maturity Assessment

When you need a quick snapshot of where your business is today:

Take our 10-min survey and get an indication of your company’s Trusted AI maturity ranking. This will help you understand where you stand and how much potential exists.
Take the opportunity to contact us for a more in-depth conversation to understand and assess how KPMG can help with your current challenges.

Rate Your Trusted AI Maturity in 10 Min!

Strategic Insights: successfully navigating Trusted AI within your industry

In the dynamic landscape of every industry involved, our latest blog posts attempt to provide strategic insights into the nuanced realm of Trusted AI. As the industries and the topic of Trusted AI continue to evolve, staying well-informed and adaptable is paramount.

Join us as we discuss key elements, analyze current trends, and offer valuable perspectives that resonate with professionals seeking a comprehensive understanding of Trusted AI. Our commitment is to provide concise and actionable information that empowers our readers to make informed decisions in their endeavors.

Thank you for choosing to embark on this knowledge-sharing journey with us. Let's navigate the various elements of Trusted AI together and pave the way for success in this ever-evolving landscape.

Further information

Partnering for success: submit your interests & open questions

We are closely following developments regarding the EU AI Act and the AI space in general. and will keep you updated on how these changes speciﬁcally impact your organization’s use of AI.

Follow our regular blog posts on Trusted AI to stay informed and gain further insights.