Regulatory change management

Empowering effective regulatory change

Managing continuous regulatory change can be complex, costly, time-consuming and seemingly ineffective, regardless of the resources you commit. Not anymore.

Imagine a cost-efficient, streamlined and coordinated approach to managing regulatory change that includes proactive horizon scanning, automated data mapping and assessment, automated and improved testing, effective monitoring and controls, customized analytics, and reporting and data management for accurate insight on demand.

KPMG LLP (KPMG) can help transform your global regulatory management process into a more cost-efficient, strategic, and proactive process that supports you in your efforts to comply with regulatory obligations, promotes growth, and helps to protect your reputation. Our innovative approach leverages technology from leading vendors along with our insight, experience, intelligent framework and capabilities to help you establish a sustainable regulatory management process to meet your goals and achieve a strategic advantage. This can help you to meet regulatory requirements, significantly reduce costs, and streamline operations.

Strategic support

KPMG can help you strategically and holistically approach your regulatory and compliance activities by helping to enable the enhancement and implementation of a far more robust framework to better manage a complex and continuously changing regulatory environment.  Based upon your operating model vision, having worked with many of your peers, KPMG can recommend the adoption of technology that coincides with the unique technology enablement that you have today.  Much of this starts with seeking transparency to what enabling technology you have now and does it have the functional capabilities and connectivity across your enterprise and your regulatory and compliance obligations to meet your future state requirements.  To accomplish this, we have assisted with “build v. buy” decision frameworks, vendor evaluation and selection, business requirements and design, as well supporting the implementation of new technologies that may include capabilities that adopt the best in breed that considers cloud, big data, machine learning, robotic process automation, artificial intelligence, predictive analytics, and more.

As a result, we can help organizations to not only achieve costs savings and operational efficiencies, but also realize strategic benefits that allow you to focus your effort on growth, improved reputation protection, and a faster, enhanced and proactive response to change.

We help you address common challenges, such as:

• How to prioritize enhancements to your regulatory change management approach, in light of your goals, business, and risks
• Identification and engagement of stakeholders early on in the strategic decision making process
• Evaluation of the technology enablement options available to you based upon key decision points in the process
• Identification and assistance assessing potential dependencies to change
• Development of a customized regulatory change management roadmap to achieve your goals, that is realistic and achievable

You can benefit from:

• A  more refined roadmap from greater collaboration and shared best practices and pitfalls
• Enhanced decision-making from the engagement and insights of all key stakeholders at an earlier point in the process
• Greater alignment to your business strategy and goals

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.