Organizations in the capital markets space today are under incredible pressure to simultaneously support the overall business strategy, pursue ongoing cost efficiencies and comply with the demands associated with an evolving regulatory landscape – while at the same time working to transform their operating models to reflect the realities of a changing marketplace.
Leaders from an increasing number of firms are realizing that the status quo is no longer an option. Many have begun seeking out opportunities to either exit unprofitable businesses or diversify into new areas and to cut costs. However, the traditional approach to cutting headcount and sending non-core functions offshore is no longer adequate. On the contrary, these are short-term fixes against the backdrop of a much larger paradigm shift.
KPMG’s Operations and Technology Transformation program helps firms to effectively navigate the complex process of strategizing, prioritizing and implementing initiatives that will allow them to transform their operations and technology environments.