Belgium

Distribution, operations & technology challenges 

Many banks and insurers are burdened with mature legacy IT systems. As competition heats up to win back customers and increase internal efficiency, IT architectures will require significant re-engineering. Technology is further complicated by the rapid rate of change and the introduction of new channels and technologies, such as mobile banking and social media and the security risks attached.


Furthermore, in a low interest rate environment where financial services institutions operate on tighter margins, distribution and operations should be organized more efficiently, with the inevitable need to review and adapt the traditional operating and business model.

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How KPMG can help

    Basel III including:

    • operational risk
    • market risk
    • liquidity, etc.

     

    Solvency II including:

    • Economic Capital Management
    • Market Risk
    • Asset Liability Management
    • Solvency II Sourcing Services


    Business Effectiveness including:

    • Target Operating Model
    • Cost optimization
    • Quality close
    • Business process outsourcing
    • Process re-design and improvement
    • Financial Risk Management  including:
    • Portfolio valuation services
    • Review of strategic asset allocation
    • Corporate Restructuring
    • Governance and Compliance  including:
    • Diagnostic analysis
    • Process re-design and improvement
    • Evaluation and testing of internal controls
    • Compliance with laws and regulations
    • Assistance to internal audit

     

    Risk and Actuarial
     
    Data analytics

     

    M&A  including:

    • Acquisitions
    • Divestments
    • Due diligence
    • Valuations
    • People and Change
    • IT Advisory
    • Tax compliance and transfer pricing

     

    GAAP (IFRS, US, BE, etc.) Services

     

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Olivier Macq

Olivier Macq

Partner Banking

+32 (0)27083686

Karel Tanghe

Karel Tanghe

Partner Insurance

+32 (0)27084225

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