KPMG bags top score for global financial services consulting

MANAMA: KPMG International announced it has been awarded top score for overall quality of work in financial services consulting according to the Source Global Research report, Perceptions of Consulting in Financial Services.

The report ranks the 13 firms identified as front-of-mind for 1,866 survey respondents, made up of direct and indirect clients and prospects of financial services consulting. Survey respondents ranked firms on overall mindshare, quality and value.

Of the ranking, Jalil Al Aali, partner and head of financial services at KPMG in Bahrain, said: “Financial services sector in Bahrain and beyond have an unprecedented opportunity in today’s connected global marketplace but they also face key challenges with the increasing regulations and technology disruption. It is exciting to see that our clients recognise our leadership in this vital sector, which motivate KPMG member firms worldwide to continue sharing our expertise.”

Firms were ranked on a number of factors, with KPMG leading in: innovative approach, account management, methodologies used, quality of thought leadership and breadth of services. This year KPMG rose eight points in positive sentiment, a higher increase than any other firm measured.

The survey asked respondents to rate firms based on 13 services, the scores of which were tallied to provide one overall top-ranked firm across services.

KPMG was named first for overall quality by earning top marks for the following 13 services: Business strategy, Financial management, Risk management, Regulatory-driven work, Legacy technology, Digital transformation, Other (non-digital) transformation, Taking advantage of robotics, Taking advantage of Artificial Intelligence, Data and analytics, Sales and marketing, HR and change management and Operational improvement.

The results are based on 1,866 respondents to a survey of senior clients of consulting firms and featured in Perceptions of Consulting in Financial Services published by Source Global Research.



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