TMCnet News

KPMG Capital Announces Three New Strategic Investments in Data and Analytics
[May 21, 2015]

KPMG Capital Announces Three New Strategic Investments in Data and Analytics


NEW YORK, May 21, 2015 /PRNewswire/ -- KPMG Capital, KPMG's global investment fund, today announced three strategic investments in data and analytics (D&A) solutions that target critical issues in the areas of risk, performance and growth where data-driven actionable insights can power more informed decision making. 

KPMG Capital Announces Three New Strategic Investments in Data and Analytics

Helping businesses navigate increasing macroeconomic risk and changing market and regulatory forces, the D&A solutions will help businesses address future financial sustainability and performance; enable ready access to in-depth third-party risk assessment, and build and execute a comprehensive customer experience management program.  

The three investments include*:

  • Software Development and Research Technology Ltd. (SDART) – KPMG Capital has taken a majority stake in UK-based data mining and predictive modelling company, SDART. The investment gives KPMG member firms' clients access to SDART's flagship solution, Financial Microscope, a predictive analytics tool that provides a forward looking view of financial sustainability and performance.
  • Astrus – To help clients address the increasing commercial and regulatory complexity of doing business with multiple third parties, KPMG Capital made an investment in Astrus, a KPMG proprietary third-party due diligence and monitoring solution.
  • Customer CompassKPMG Capital also made an investment in a KPMG proprietary customer experience management platform, called Customer Compass. Customer Compass provides clients with a 360-degree view of the customer journey to help analyze customer patterns and segmentation to improve sales and retention strategies. 

The three investments come on the heels of KPMG Capital's recent equity stake in Los Angeles-based startup, Bottlenose Inc., a pioneer in real-time trend intelligence. Financialterms of the three new investments will not be disclosed.



KPMG Capital Continues to Fund Disruptive Technologies
As KPMG's global investment fund, KPMG Capital finds, funds and fuels innovation in disruptive technologies in such areas as D&A, bringing those solutions rapidly to market to help member firms' clients address many of their toughest business issues such as better managing their customer base, streamlining operations and reducing costs.  

Said Mark Toon, CEO of KPMG Capital:  "When we look for opportunities to invest in, we are particularly interested in companies with solutions that deliver disruptive data insights and analytics. These companies typically range from small start-ups to established D&A companies, as well venture capital firms with relevant portfolio companies and investments."


"From the outset of an investment, we assign a global sponsor and team that can help unlock the opportunities to deliver innovations that generate actionable insight and value to our member firms' clients.  Our investment partners benefit from capital as well as access to the KPMG global network's extensive industry expertise and channels to market."

"Our strategy of mentoring and supporting these partnerships has been integral to our model and is one we'll employ as we seek new opportunities for our current fund and look ahead to the creation of our next fund in the near future."

Mr. Toon concluded: "Our approach means we can quickly scale and take to market some of the most innovative and game-changing technology solutions in a way that helps some of the world's largest and most complex companies benefit from leading-edge technology developments."

For further information, contact:

Kim Metcalfe
ZENO Group for KPMG Capital
312 396-9797 (office)
312 802-0211 (cell)
[email protected]

Jennifer Samuel
KPMG International
Global Communications
+1 416 777 8491
[email protected]

About KPMG Capital
KPMG Capital Limited and KPMG Capital Holding Limited comprise an investment fund for KPMG member firms. The investment fund is not open to third-party investment and will not, itself, provide professional services to clients.  KPMG Capital Limited and KPMG Capital Holding Limited are legally distinct and separate from KPMG International Cooperative and each KPMG member firm.

Like every member firm in the KPMG global network, KPMG Capital Holding Limited and its subsidiary entities, and the entities they invest in are subject to the same rules and regulations promulgated by the regulatory bodies responsible for establishing standards for auditor Independence (for example, the US SEC, PCAOB, AICPA, IESBA and those established by the various countries in which the investments reside). These rules apply to member firms, the individuals at such member firms and the targets for potential joint venture alliance or acquisition related to the activities of KPMG Capital Holding Limited and its subsidiary entities. All existing Independence protocols apply to KPMG Capital Holding Limited and its subsidiary entities.

*For information about KPMG Capital's investment criteria, contact [email protected].

About KPMG International
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries and have more than 155,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

About SDART
SDART Ltd - or Software Development and Research Technology - was established in the United Kingdom in 2006 as a spin-off from Manchester University. SDART specializes in the design and delivery of software applications for a broad range of industries ranging from engineering to finance. Its purpose is to help businesses who want to use technology to improve their existing business processes or who want to develop completely new ideas in digital services or products and bring them to the market.

Logo - http://photos.prnewswire.com/prnh/20150520/217704LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/kpmg-capital-announces-three-new-strategic-investments-in-data-and-analytics-300086964.html

SOURCE KPMG Capital


[ Back To TMCnet.com's Homepage ]