Tuesday, November 13, 2007

PWC Financial Services Consultancy

Financial services organisations are striving to achieve increasingly ambitious profit and growth targets against a background of heightened risk, regulation and market pressures.

Customer needs and expectations are evolving in the face of increasing personal wealth, more private funding of pensions and healthcare and the desire for ever more accessible and personalised financial products and services. In turn, intense competition has squeezed industry margins and forced organisations to cut costs while still seeking to enhance the quality of client choice and service. The battle for talent is also heating up as companies seek to enhance innovation, customer loyalty and investment returns.

The corollary of this market evolution is increasing risk as products become more complex, organisations more diffuse and the business environment ever more uncertain. Regulation is also tightening in the wake of public and government pressure for improved governance, transparency and accountability.

In this environment, the winners will be companies that can turn the challenges into opportunities to build stronger and more enduring customer relationships; sharpen process efficiency; unlock talent and creativity; use improved risk management processes to deliver more sustainable returns; and use new regulatory demands as a catalyst for strengthening the business and enhancing market confidence.

Organisations will also need to identify and concentrate on core competencies where they can exert maximum competitive advantage, be this a particular product, service, process or geographical territory. For some this will require a strategic re-orientation towards becoming a specialist niche provider. Even larger groups will need to differentiate their offering and by implication the associated brand.

Financial services challenges

Governance & risk management
Human capital
Market reporting
Mergers & acquisitions
Regulation & compliance

How PwC is assisting financial services organisations

PricewaterhouseCoopers has a global network of specialists who can help financial services organisations turn challenges into opportunities in key areas of your business including growth, human capital, mergers & acquisitions, governance & risk management, market reporting and regulation & compliance.


Jeremy Scott
Global financial services & financial services advisory leader
Tel: +44 (20) 7804 2304

Phil Rivett
Global financial services assurance leader
Tel: +44 (20) 7212 4686

David Newton
Global tax financial services leader
Tel: +44 (20) 7804 2039

Publications archive

Americas insurance digest

Anti-money laundering - A global financial services issue

Banking issues update

Basel accord - Our perspective and updates

Capital markets regulatory highlights

CBI/PricewaterhouseCoopers financial services survey

Doing business in the DIFC

Financial services audit committee forum

Financial services M&A

Financial services M&A: Review of and outlook for mergers and acquisitions in the European financial services market

Fresh perspectives

The future for compliance series

Going for growth: The outlook for M&A in the Asia financial services sector in Asia

IFRS - Global reporting revolution

IFRS news

The journal

NAIC meeting notes

Protecting the brand: The evolving role of compliance functions and the challenges of the next decade

PwC FS briefing programme

Ri$k management forums

Solvency II

UK financial services bulletins archive

UK FS regulatory focus archive


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