KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG) has chosen to use SunGard's Adaptiv Analytics to help provide its clients with assessments of credit valuation adjustments (CVA) and to support their use of simulation-based approaches to compute derivatives exposures for internal risk steering and regulatory capital calculations.
American banks consider technology investment a top spending priority for the year ahead, with platform simplification the most important IT-related project, according to a KPMG survey.
KPMG shares social media lessons from banking insiders.
Finance and tax executives in the banking industry expect compliance costs to increase significantly as a result of the Foreign Account Tax Compliance Act (FATCA) and say they will face numerous challenges trying to comply with the legislation given its broad scope and expanded reporting and monitoring requirements, according to a survey from KPMG LLP, the U.S. audit, tax and advisory firm.
Just nine per cent of Americans have used their mobile phones for banking with cost and security concerns presenting major obstacles to adoption, according to a survey from KPMG.
KPMG Forensic has recruited Rowan Taylor as a Director in its fast growing Forensic Technology team, to lead the development of its forensic technology services for the Financial Services industry.
Digital cash transfer outfit E-Gold has retained KPMG to help improve its anti-money laundering (AML) programme following a criminal case that saw directors plead guilty to charges relating to money laundering and the operation of an illegal funds transfer business.
UK banks have been hit by record levels of fraud over the last six months and the situation is likely to get worse as the full impact of the credit crunch unfolds, according to accountancy firm KPMG.
SuperDerivatives, the benchmark for derivatives pricing and the leading provider of multi-asset front-office systems, risk management, revaluation and online options trading solutions, today announced that KPMG in Turkey has chosen its real-time, multi-asset options pricing and analytics platform for foreign currencies and interest rates.
Milestone Advisors today announced its official launch as a new independent consulting firm for the global markets industry, focused on strategy, finance, operations and technology.
© Finextra Research 2013