United Kingdom

Data and Systems 

Jon Dowie KPMG LLP (UK)

Jon's perspective on Data and Systems

Data and systems underpin every aspect of Solvency II: they are crucial to meeting the requirements of Pillars 1, 2 and 3. Our insights show that businesses still have much to do.

Smoother processes means that a business should see more efficient and effective  turnaround of activity; a significant reduction in errors through less manual intervention, and increased automation inevitably means less reliance on people. In turn, this frees up actuarial departments to concentrate on their core strengths, such as in-depth analysis and creating innovative solutions for risk management challenges - rather than manipulating spreadsheets.

Critical to achieving success then, is the insurers' ability to really 'get to grips' with their Solvency II ambitions for data and systems, and have a clear understanding of those objectives across the breadth and depth of the business, domestically and internationally.

What we can offer firms is insights to practical solutions for those challenges. We can help them implement well-defined, operationally effective processes so that functions responsible for data production can provide the numbers needed for Solvency II - accurately, completely and appropriately.

Jon on Data and Systems - WATCH

 

Jon Dowie video - WATCH

 

Jon Dowie is taking the lead role on KPMG's Solvency II team from a data and systems perspective, with over 50 technology risk and compliance professionals working on his team. Here, he explains how Data and Systems underpin every aspect of Solvency II.

 

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Your KPMG expert

Name: 

Jon Dowie

Role: 

Partner, Technology Risk & Compliance

Email: 

jon.dowie@kpmg.co.uk

Phone: 

+44 20 7311 5295

 

Jon Dowie is a qualified chartered accountant. Having started his career with experience in a technology-focused role, he joined KPMG to work in a finance capacity, in the insurance practice.

Moving into Risk and Compliance (Technology), Jon now heads up relationships with major insurance clients UK and internationally. He is also taking the lead role on KPMG's Solvency II team from a data and systems perspective, with over 50 technology risk and compliance professionals working on his team.

 

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