Transcription of Emerging risks and evolving responses - KPMG
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December 2018 Emerging risks and evolving the challenges facing banking and how the industry can respond2 Emerging risks and evolving responses 2018 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. All rights risks and evolving responses 2018 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ( KPMG International ), a Swiss entity. All rights summary41 Emerging risks62 evolving responses16 Conclusion: financial services fit for the Financial Developing evolving regulation and Building resilience28 Emerging risks and eveolving responsesTechnology heads the list of transformative forces in financial services. The shift from monolithic players toward ecosystems and the platform economy is creating a marketplace that is more interconnected and interdependent.
markets are evolving into complex . ecosystems that can become opaque – at precisely the time that customers are demanding more transparency. Automation may have unintended consequences, placing social obligations on financial firms. …
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