Financial Risk Management 

Current global economic developments are shifting perceptions of the importance of financial risk. Companies across all sectors are focusing on how to improve the way in which their financial risks are managed. The goal is to attain better-quality decision-making, improve performance and meet the changing regulatory requirements. Most active in this respect are financial service providers.

Professionals from KPMG’s Advisory services practice provide a wide range of services in the field of financial risk management. Our clients include banks, insurance companies, securities brokers, investment companies, consumer finance providers and other companies.

 

How we can help you

 

  • We help our clients to define a risk management strategy, select and implement methods and processes of monitoring, measuring and reporting risks, and select and use tools to manage those risks.  
  • We offer our clients procedures and strategies in the management of credit, foreign exchange, interest rate and commodity risks, and in liquidity management and operational risk management. 
  • We have extensive experience of financial market regulation. We provide guidance in determining the level of regulatory capital requirements under Basel II rules, including the introduction and validation of advanced approaches based on internal models. With our help, you will understand the main factors influencing the level of capital requirements and identify potential capital savings. 
  • We continuously monitor and respond proactively to developments in the accounting of financial instruments. This enables us to offer you a helping hand in analyzing the impact of new rules and the transition to them. Changes to IAS 39 (IFRS 9) which relate to the measurement of financial instruments are particularly in vogue at the moment.  
  • We also monitor very carefully and analyze upcoming changes to IAS 39 relating to the impairment of financial assets, the valuation of financial instruments and hedge accounting. 
  • We have a quality professional and technological background and work closely with other member firms within Central & Eastern Europe from the worldwide KPMG network. 
  • Our financial risk management team has earned itself a sound reputation since its formation. This is borne out by the numerous cross-border contracts in which we have participated. 
  • We hold a numerous seminars and training sessions on financial risk management in Prague and other regions throughout the Czech Republic.

Contact

Vladimír Dvořáček

Vladimír Dvořáček

Partner

+420 222 123 112

vdvoracek@kpmg.cz

Risk Consulting factsheets

 

Potential benefits of our services

 

  • We will provide you with a tailored, independent overview of the risks that your company is exposed to, along with information on the methods and tools available to manage those risks effectively. This information will enable you to make responsible business decisions and will streamline your planning process.  
  • Ultimately, you will avoid unexpected losses arising from movements in exchange rates, interest rates, commodity prices or a deterioration in the creditworthiness of your debtors. 
  • You will receive a comparison of your current method of financial risk management with best practices in your industry, including an overview and assessment of the significance of any shortcomings identified and a proposal of the action that needs to be taken to address them. We partner you as you put the proposed measures into practice.
  •  If you are a regulated entity, our services enable you to comply with regulatory requirements for determining and reporting capital adequacy and to identify areas of potential capital savings. 
  • With our assistance, you can be sure of compliance with current legislation relating to financial accounting and the reporting of financial instruments, including a determination of any impairment in financial assets and the application of hedge accounting.

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