As financial services organisations strive to become more innovative and entrepreneurial, risks are mounting, as products become more complex, and regulations are tightening in the wake of public and government pressure. PricewaterhouseCoopers, with a global network of specialists, can help these organisations turn challenges into opportunities in key areas, such as governance, risk and compliance, process improvement, financial reporting, sustainability, business development strategies and tax optimization.
We assist our clients in various capacities in the financial services domain, providing an in-depth analysis and understanding of the financial services market. Our skill and expertise is showcased in the way we help our clients deal with the existing challenges, as an integrated provider of financial service offerings from the advisory and tax perspective.
IFRS International Financial Reporting Standards (IFRS) places an enormous responsibility on the management to be able to communicate effectively to the market in the new business language. PwC is proud to have a proven track record in helping banks successfully understand and work with IFRS. With our extensive worldwide experience in the Banking and Capital Markets industry, we propose practical solutions to address challenges that banks face with IFRS.
Efficiency Improvement Rising cost of funds and new players have intensified competition and have created immense pressure on banks incomes. We have helped leading banks improve Cost-to-Income ratios by implementing cost reduction strategies for operating costs like employee cost, technology cost, rent cost, repair & maintenance cost, overhead cost, etc.
People Transformation Developing a talent strategy is an important and critical step in todays organisational environment and context. We focus on aligning people and strategy to increase certainty of direction and outcomes, accelerate results and sustain benefits of business, process and policy changes.
Customer Service Lowering costs, innovative new products and delivery channels are some service differentiators that banks offer to customers. We have the experience and expertise to help you transform your delivery channels to provide best in class service quality standards to your customers.
Revenue Growth We help you align your business operations with your market and business strategy. From growing revenue through enhanced customer satisfaction and sales to better management of costs by improving processes, we help clients anticipate, create and manage change to stay competitive and excel in their businesses.
Risk We assist organisations in governance, risk and compliance and IT risk management. We can provide pragmatic advice on optimising risk management within the organisation and assist in implementation of suitable frameworks. We can assist in leveraging technology to manage operational risks and help in managing IT risks through comprehensive assessments and implementation assistance. We can ensure balanced investments in controls in relation to risks with holistic assessments maintaining a healthy ROI on risk management initiatives.
Business Recovery Services When a loan asset is under stress, lenders face a number of challenges including decisions on continued exposure, need for increased monitoring, determining business cash needs and/or the need for operational, business or financial restructuring. We provide tailored financial advisory services to lenders where their loans assets are underperforming and are in distress or crisis.
Mergers and Acquisitions Our Mergers & Acquisitions (M&As) practice provides end-to-end solutions for domestic and cross-border transactions including mergers, demergers, acquisitions, divestitures, joint-ventures, corporate restructuring and family arrangements. The services consider a host of functions including advisory, due diligence, tax and regulatory functions.
Delivering Technology Effectiveness Managing varied portfolio of products and vendors, scaling it to meet ever changing regulatory environment or new products, innovating to extend these systems to new markets globally or indigenously to the village level at a feasible ROI are the biggest concerns and areas for innovation for the industry.
Architecture and Implementation We can support your initiatives through a wide variety of technology services and solutions ranging from Architecture Validation to integration and IT system quality assurance. We, at PwCs Architecture and Integration (EA&I) practice, have a large pool of technical and functional specialists devoted exclusively to architect, design and implement innovative solutions to improve operational efficiency, establish security controls, improve compliance management, enrich customers e-channel experience, improve interactions with distribution channels and enhance employee productivity.
Business Intelligence At PwCs BI practice, we bring together over 250 experts who have delivered over 125 projects over the past three years. We can work with you beginning from strategy to creating a BI value proposition for implementation and sustenance through managed services. We have industry specific BI models and process maps that act as accelerators and bring best practices into every project we execute.
Product Suite PwC India has a dedicated ERP & CRM practice for SAP, Microsoft and Oracle advisory professionals working with clients on their transformation journey. The team specialises in rendering services in financial and operational excellence, integrated transaction and reporting system design and implementation, managing people and talent through employee portals, contributing to revenue growth through better customer management, implementing security and controls and better enterprise performance management.
Internal Audit PwC's Internal Audit Services (IAS) professionals bring the right mix of internal audit experience, industry-specific knowledge and highly specialised technical skills to your internal audit function. Our approach provides flexibility with knowledge to deliver relevant and focused internal audit results.
Diligence and Deal Support We deliver expert valuation and rigorous financial, economic and strategic advice on your business, brand, products, services, customers and market needs. Having advised on major deals in India, we have the experience that makes a difference.
Source: http://www.pwc.com/in/en/industries/banking-capital-markets.jhtml
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