KPMG has partnered with AccessFintech to provide operational and post-trade data services to large financial institutions to support digital transformation.
The partnership will integrate AccessFintech’s Synergy Network into KPMG’s Connected Operations Transformation offering, which helps to streamline clients’ digital operating models and accelerate operational transformation.
The Synergy Network allows users to streamline regulatory requirements while strengthening operational resilience and reducing costs, by aggregating and normalising data to facilitate standard operations management workflow across the entire transaction lifecycle.
AccessFintech’s network is particularly useful for middle and back-office teams, as more accurate data transparency allows focus on high-priority risks remediation.
Commenting on the partnership, Feargal De Burca, partner at KPMG UK, says: “Financial institutions are increasingly seeking to transform and streamline their processes and operations in the face of a challenging economic and regulatory environment.
“Our partnership with AccessFintech will build on our efforts to help our clients bridge the gap between their legacy and modern technology systems, as well as improve team collaboration, data management and operational resilience.”
Matt Digby, vice president, business development, AccessFintech, adds: “We are excited to work with KPMG to support the efficient and seamless implementation of Synergy Network within a broad range of firms seeking to digitally transform their operations while reducing cost and risk.”
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