Financial services in Pakistan comprise of Banks (including Islamic Banks), Insurance and Takaful companies, Investment Management Companies (managing various types of Mutual funds), Development Finance Institutions, Brokerage Houses, etc. Demographic changes, new regulations aimed at improving transparency and the rise of technology means that financial services organizations need to become increasingly focused on the customer.
Uncovering the opportunities in industry transformation
The ever-changing environment of financial services creates opportunities. Importance of digital channels increase with creation of new competitors, regulatory requirements continue to grow, expectation of customers rises, and demand of healthy returns from shareholders continue and the maintenance of higher capital buffers.
KPMG & your business
Our team can steer you meet these challenges and opportunities upfront. We can help you from a variety of services like manage risk, enhance regulatory compliance, optimize your customer and channel strategies, improve your operational efficiency and keep costs under control.
Respond to increasing pressures of reporting and regulatory requirements, the need to help improve the efficiency of your finance functions, provide greater control and ultimately reduce costs.
Risk & regulatory transformation
Rationalize compliance costs, enhance tax transparency, address market conduct risk, transform internal audit functions, improve cyber resilience, meet anti-money laundering mandates and take other steps to help strengthen your governance, risk and compliance programs.
Customer experience, digital & operational transformation
Customer experience can be improved by aligning people, processes and technologies and subsequently, customer journey can be enhanced with a range of customer segregation, data analytics, and digital strategies.
Enhance efficiency and productivity by helping to strengthen your cost management, business models, sourcing and outsourcing, shared services, vendor relationships, technology systems and organizational design.
We support with:
Our team can help you in managing risk, enhance regulatory compliance, optimize customer & digital strategies and improve operations.
We help clients navigate the increasingly complicated financial landscape towards a prosperous future. KPMG’s dedicated financial services practice in the Pakistan offers access to various key financial marketplaces. It delivers leading practice advice and recommendations through an up-to-the-minute understanding of the vital issues facing the local financial services industries.
An insurer fit for the future will harness diverging customer needs and technological progress to transform its people, business model and services.
An insurer will harness diverging customer needs and technological progress
Investment managers are adapting to the changing needs of buyers, heightened regulatory scrutiny and technology-driven change.
Investment managers are adapting to the changing needs of buyers.