Natural, economic and social risks are becoming increasingly complex while the vulnerability of technological and social structures and services is rising sharply. That holds doubly true for Zurich as an international financial center. In light of these developments, KPMG is working together with leading financial services providers and companies from other industries to support the risk initiative of ETH Zurich. The heart of this initiative is the newly founded “ETH Risk Center” in which a variety of different, existing ETH professorships are already involved. The creation of five new chairs as well as the launch of forward-looking research projects aim to promote the development of solutions for managing the increasingly complex problem of cross-disciplinary risk.
The creation of a dedicated platform for dialog will ensure an exchange of research and specialist expertise between the realms of science and private industry. Daniel Senn, Head of Financial Services and Member of the Executive Committee at KPMG Switzerland, is convinced that “this partnership will play a key role in stimulating the discussion about how to deal with systemic risks. The latest financial crisis and massive overindebtedness of nearly all western countries, eruptions in the Arab world as well as the nuclear catastrophe in Fukushima have shown us quite dramatically how fragile and interconnected today’s societies and economies really are. It’s not only a good idea but the order of the day for leading financial services providers and the major players from the world of science to unite and work together to find forward-looking solutions.”
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For further information, please contact:
KPMG AG
Andreas Hammer
Head of Public Relations & Public Affairs
Telephone: +41 44 249 48 20
Mobile: +41 79 335 75 06
E-mail: kpmgmedia@kpmg.ch
www.kpmg.ch
