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KPMG Forms Exclusive Alliance with Fintech Platform Matchi, Enhancing Global Access to Financial Service InnovationLONDON, Aug. 31, 2015 /PRNewswire/ -- Accelerating its global fintech strategy, KPMG International has announced that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from across the globe. Through the Matchi alliance, KPMG firms globally will work with financial services clients to access the benefits of fintech innovation that is taking place globally – using the Matchi platform to identify quality innovation opportunities and advising clients on how to execute and deploy new solutions into the marketplace. "Fintech is revolutionizing the financial services landscape and it has created a new marketplace for innovation," said Jeremy Anderson, Chairman, Global Financial Services, KPMG International. "Matchi is at the forefront of identifying breakthrough fintech ideas, and through our alliance, KPMG firms will now use the Matchi platform and Matchi's wider, global fintech communities in advising clients on the optimal innovations to help deliver on their strategic initiatives. Since its launch in 2013, Matchi has evaluated and brought to its platform innovations from hundreds of fintech firms, and has supported more than 50 fintech Financial Institution members who are seeking fintech solutions from outside of their organizations. "We are delighted to join in this new alliance with KPMG," said David Milligan, Matchi CEO. "Our Members now have access to KPMG's extensive network of financial services professionals with on-the-ground experience in 155 countries to not only advise them in the fintech innovation matchmaking process and also in deploying new technologies." "Our alliance with Matchi answers key questions for financial institutions of how they find the right fintech, how they can better evaluate its quality, and how they engage with fintech companies, many of which are small start-ups," added Ian Pollari, Global Co-lead of KPMG's Fintech practice. "KPMG professionals will also be able to advise fintech firms on how they can advance their businesses, whether it's help with M&A or other ways to bring their innovations to market." With the Matchi aliance, KPMG continues to expand its global fintech capabilities, which include innovation hubs in the U.S., UK, Australia, Luxembourg, the Netherlands, and Israel. "Our professionals are focused with financial institutions in areas such as marketplace lending, next generation payments, wealth management technology, and cyber security and biometrics," said Warren Mead, Global Co-lead of KPMG's Fintech practice. "The Matchi Alliance will help enable greater speed and value in deploying new fintech solutions to address critical needs and opportunities." Alternative Finance Benchmarking "This exciting research will greatly enhance our knowledge of fast-developing alternative finance markets in different parts of the world. This will assist policy-makers, regulators and industry in monitoring, understanding and where necessary, taking the right steps to facilitate the growth of alternative finance markets, such as marketplace lending (peer to peer lending, crowd-funding, etc.)," said Mr. Pollari. "There is a wide disparity in the development of alternative, digital finance approaches among countries, and we believe the comprehensive global study we are undertaking with KPMG will help us to better understand why this is the case," added Robert Wardrop, Executive Director, Cambridge Centre for Alternative Finance. KPMG's Global Fintech Practice About Matchi About KPMG International To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kpmg-forms-exclusive-alliance-with-fintech-platform-matchi-enhancing-global-access-to-financial-service-innovation-300134841.html SOURCE KPMG International |