Success in financial services depends on a combination of strategic flair and good old-fashioned ability to deliver avoiding the major governance and regulatory pitfalls. If your institution is to be a winner then you’ll need to work hard on the strategic and delivery elements of the equation.
Compliance and risk management are at the top of the agenda for banks and insurance organizations, just as they are for the asset management sector. At the same time, today’s financial services market is bigger, more dynamic and more competitive than ever. The challenge will be to raise standards of compliance and corporate governance while simultaneously staying on course to capture the growth opportunities that exist. As the industry moves forward organizations will require carefully crafted business strategies that anticipate the ultimate effects of regulatory reform, technology change, competitive dynamics and market movements.
The financial services industry group of Deloitte encompasses the banking, insurance, securities and asset management sectors. Our aim is to bring together the industry expertise and multi-functional skills of Deloitte to better serve our clients across the industry. Our integrated team of professionals have the breadth of global industry experience, complemented by local knowledge of tax, licensing and legal and regulatory issues to address the needs of companies around the world.
Our dedicated financial services practices in more than 40 countries encompass more than 1,500 partners and 17,000 professionals. This group, representing more than 25% of the firm’s global revenues, provides a full range of consultative services focusing on all business areas. Besides service excellence though, our FSI group excels itself in other ways: