To remain competitive, compliance activities within the financial sector must be organised in an increasingly efficient, flexible and cost-effective manner.
Our experts, who have extensive industry experience, provide you with comprehensive support: KPMG FS Regulatory & Compliance advises banks, insurance companies and securities and financial services institutions on establishing, reorganising and further developing their compliance functions.
Take advantage of our expertise in compliance management across the four key areas:
We align the key elements of an effective compliance framework.
The following services will help you successfully implement your compliance and risk transformation:
Modern governance should provide clarity in an increasingly complex environment – but how can it be implemented efficiently in practice? Our experts develop governance structures that make risks manageable, clarify responsibilities and strengthen the ability to steer the organisation.
One thing is clear: financial institutions are under growing pressure to transform. Regulatory requirements are increasing, business models are changing and digitalisation is accelerating. Governance therefore has to do more today than simply define roles and responsibilities. It creates transparency, supports effective governance [PH1] and enables the management of risks, processes and decisions.
Compliance Management: Robust governance as the foundation for future resilience
In practice, however, fragmented system landscapes, inconsistent interfaces, rising data requirements and complex reporting processes make effective management difficult. At the same time, supervisory authorities expect robust governance structures, clear responsibilities and traceability.
We combine regulatory expertise, organisational design, process expertise and technological know-how to further develop governance models, compliance structures and operating models in a way that is fit for the future.
Adherence to regulatory requirements forms the basis of any compliance function. Added value is created where compliance is strategically positioned, clearly managed and embedded as an integral part of the corporate culture. In this way, it fosters transparency, supports effective risk management and underpins sound decision-making.
We advise financial institutions on embedding compliance as an integral part of corporate and risk management – with clear objectives, modern governance structures and a sustainable risk and compliance culture. In this way, we support you in optimising:
Developing a future-proof compliance strategy
The starting point is your institution’s mission statement and overarching strategy. Building on this, we develop a compliance strategy that:
Together with you, we establish a strategic direction that facilitates decision-making and sustainably strengthens the contribution of the compliance function.
We design and implement bespoke governance models that are tailored to the size, business model and corporate culture of your institution. These include, in particular:
This results in a governance framework that is practical, robust from a regulatory perspective and culturally compatible.
Financial institutions are facing increasing regulatory requirements, growing volumes of data and a dynamic risk environment. At the same time, supervisory authorities expect robust governance structures, transparent decision-making and traceable risk management. However, many institutions still operate with legacy structures, fragmented systems and manual processes.
With our Compliance Risk Operating Model (CROM), you can lay the foundations for a modern, data-driven and regulatory-compliant compliance organisation. The model combines strategy, governance, processes, data management and technology into an integrated operating model, thereby strengthening the compliance function’s ability to steer the organisation.
CROM: A key success factor on the path to future-proof compliance management
CROM supports financial institutions in identifying risks at an early stage, implementing regulatory requirements efficiently and developing the compliance function sustainably. The result is a compliance organisation with clear governance structures, greater transparency and improved control capabilities. Get in touch with us now.
Increasing regulatory complexity, growing volumes of data and mounting pressure to improve efficiency make digitalisation a key component of a future-proof compliance organisation and effective compliance risk management. We advise financial institutions on how to make compliance more efficient, transparent and relevant to management through the targeted use of technology – always in line with regulatory expectations.
A digital compliance management system that scales and provides guidance
We support banks and insurance companies in the design, further development and implementation of a digital compliance management system (CMS) for compliance governance and meeting regulatory requirements – whether modular, integrable or built from scratch as a holistic solution.
Our services include, amongst other things:
AI in compliance – regulatory compliance assured, operationally viable
We advise financial institutions on the informed selection, evaluation and implementation of AI-based solutions in compliance-relevant areas – with a clear focus on traceability, governance and supervisory compliance.
Typical areas of application include:
Our approach combines technological innovation with clear compliance, risk and governance standards – ensuring that AI delivers genuine added value whilst remaining compliant with regulatory requirements. Get in touch with us now.
Data forms the basis of modern compliance management, effective risk management and robust governance decisions.
We develop and implement a tried-and-tested three-stage model that systematically improves data quality, transparency and usability, and enables data governance to become a catalyst for proactive, data-driven compliance management:
