consulting capability statement - pkfpkf.co.in/pdf/pkf-consulting-services-profile.pdf · experts...
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Consulting Capability Statement
PKF Consulting Services LLP
PKF Consulting Services LLP
• PKF Consulting Services has been established as a dedicated Consulting and Advisory services organization
affiliated to PKF Sridhar and Santhanam LLP, a network firm of PKF International and with an established presence
in India of close to 4 decades.
• With an objective to enrich the current advisory and consulting services portfolio and to cater to the diverse
requirements of the clients, PKF Consulting has been formed and is being led by a set of marquee Partners each
with an average experience of more than 20 years in Consulting / Advisory / Solution Design and Delivery. Partners
have rich Industry / past Big 4 experience. To start with, the senior management team is being assisted by a team of
20+ seasoned professionals in the areas of technology and risk consulting with working experiences in the domains
of Banking / IT services / Financial Services / Hospitality / Pharma and Manufacturing.
• PKF Consulting’s vision is to be a leading player in the Technology, Process and Risk Consulting space and be a
Consultant of choice and a trusted advisor to its clients.
• PKF Consulting as a member firm of PKF International inherits the cumulative knowledge and experience from its
global thought leadership and network of firms while also providing its clients the connect and reach to markets in
150+ countries across the globe.
About Us – PKF Consulting Services LLP
2
PKF Consulting Services LLP 3
Global Expertise, Local Reach
… to ensure consistent service and uniform audit approach globally
NORTH AMERICA
PKF International has 41
member firms in US and
Canada
EUROPE
PKF International has member
firms in every EU country, the key
emerging markets in Eastern and
Central Europe, and in some of
the Central Asian republics.
AMERICAS
PKF is represented in
Mexico, all the Latin
American countries and
throughout the Caribbean
MIDDLE EAST
PKF has a
comprehensive
representation across the
Middle East – from the
Mediterranean states to
the GCC states in the
Gulf.
ASIA PACIFIC
PKF members cover the
region from the Indian
sub-continent and South
East Asia mainland to
Oceania, Hong Kong and
China.
AFRICA
Our members extend from North
Africa down through East Africa,
across English and French
speaking West Africa and
throughout Southern Africa.
440 locations in 150 countries with 20,000 employees including 2,600 partners …
PKF Consulting Services LLP
Associate / Network Firms
4
A Global Network of Independent Accounting Firms, Among top
10 firms providing local expertise in accounting and business
advisory services with aggregate fee income of $2.6 Billion per
annum.
We are Exclusive Member in India.
Established in 1978, PKF Sridhar & Santhanam LLP firm of
Chartered Accountants, carries the legacy of vast experience
and varied exposure in the industry.
PKF SRIDHAR &
SANTHANAM LLP
PKF ProservA leading Business Process Outsourcing service organization
with 100+ staff providing services in the areas of mutual funds
and financial accounting.
PKF Consulting Services LLP
IT
Specialists
5
PKF Consulting - Our Team
Functional & Technical
Experts
• 3 Dedicated Partners
• Dedicated team of over 20 professionals
across India
• Dedicated Risk, IT & Technology
Professionals
• Mix of professionals from various
disciplines – bankers, engineers,
accountants, network specialists,
software professionals etc
• Over 10 Certified Professionals (CISA,
CISSP, CEH, BS7799, ISO 27001 etc)
CISA, CISSP,
CEH,
BS7799,
ISO27001
Chartered Accountants,
Bankers, MBAs,
Engineers
PKF Consulting Services LLP 6
Service Offerings
Below mentioned are the services bouquet of PKF Consulting Services LLP:
Business
Intelligence
Cyber
Security
1
9
GRC
Consulting &
Technology
2
SoX and IFC
assessments
5
Robotics
Process
Automation
10
Process and
Risk
Consulting
3
GST
6
Sustainability
(Carbon Trust)
11
ERP &
Applications
Advisory
4
IT
Implementation
Support
7
IT Strategy
8
Change
management
12
PKF Consulting Services LLP 7
Service Offerings – Cyber Security
Cyber
Security
1
The speed with which cyber security risks evolve is as staggering as the magnitude of the liability
associated with attack, especially for companies in the BFSI segment. From simple phishing scams
to complex data security breaches, losses can be devastating in confidential, proprietary and
customer information as well as in public trust and corporate image. The days when companies felt
safe with passwords and firewalls alone are long gone. Today, thorough protection demands a
holistic, comprehensive, integrated control system for managing risk.
Our teams possess strong foundations in all aspects of information technology and cybersecurity –
several are designated “ethical hackers.” They stay abreast of existing and potential threats and
serve as a single point of contact for all interactions, providing you with heightened service and cost
efficiencies.
Our Cyber Security Services include:-
• IT Governance Development and Business Strategic Alignment
• IT Risk Management Design and Implementations
• Disaster Recovery and Business Continuity Plan Development & Reviews
• Incident Response Plan Development and Reviews
• Forensic Data Acquisition and Analysis:
– Server/PC/Laptop/Cloud/Mobile Devices
• Cyber Security Risk and Vulnerability Assessments
• Network and Web Application Penetration Testing
• Web Application code review
• Malware Analysis
• IT Policy and Procedure Development / ISO 27001 reviews & certification assistance
• Technical Infrastructure Review of the Operating systems, Databases and Network devices
• IT General Controls Review covering Physical & Environmental Security, Application security etc.
• PCI-DSS Self-Assessment Questionnaire Gap Analysis
PKF Consulting Services LLP 8
Service Offerings – GRC Consulting & Technology
Major trends of the last decade such as globalization and radical shifts in business models have
escalated the need for business agility while simultaneously posing roadblocks. The impacts of these
trends have triggered ripple effects from a Governance, Risk and Compliance perspective. The
problem is that most businesses today are taking a narrow approach to managing GRC, leaving
them slow to respond, driving up costs, and leaving them to unexpected and potentially harmful
business risk.
To address these requirements, forward thinking organizations are taking a broader more integrated
approach to managing interrelated strategic planning activities and business risks. Essentially this
approach is an evolution towards an integrated program of GRC management and away from the
current fire-drill method of channelling scarce resources and management attention to address
specific regulatory mandates independently.
In reality, governance, risk and compliance are interdependent and must be managed holistically in
an integrated approach. Ideally all applications should operate using a single shared GRC data
repository that provides complete visibility across the organization and automates manual tasks.
PKF can work with you to offer comprehensive solutions to address the GRC requirements from
both established and leading vendors (SAP, Oracle etc) as well as bespoke solutions, as follows:-
• GRC Access Controls Implementation
• GRC Process Controls Implementation
• GRC Risk Management Implementation
• Reviews of implemented GRC solutions to assess alignment with business requirements
• Continuous Control Monitoring Solution (Bespoke)
GRC
Consulting &
Technology
2
PKF Consulting Services LLP 9
Service Offerings – Process & Risk Consulting
Enterprises are facing increased challenges for business leadership to succeed in the face of
market dynamics, competition and increasing regulatory burdens. Today, risk management is a
leadership instrument which is a global necessity in governing an enterprise. All over the world,
companies are increasingly required to report not only financial numbers but also on how they
monitor changes in market conditions and related risks and opportunities, and how they are
dealing with them (including the provision of indicators on their stability) in order to obtain market
credibility. Application of risk management techniques such as Enterprise Risk Management
(ERM) identifies risks, and opportunities helping to align and focus limited company resources on
core objectives.
ERM provides management with enhanced capabilities to align risk appetite and strategy, link
growth, risk and return, minimize operational surprises and losses, identify and manage cross-
enterprise risks, and rationalize capital. Managing risk more successfully will enable an
organization to achieve its performance and profitability targets, prevent the loss of resources,
and ensure effective reporting and compliance.
PKF can help organizations to establish the policies, structure, processes, capabilities, tools and
techniques necessary to effectively manage risk. Our specific services include:-
• Assist organizations in designing and implementing an Enterprise Risk Management program
• Risk Assessments to identify and assess an organization’s strategic, operational, financial and
compliance risks
• Assess the current risk management framework and capabilities of the organization, analyse
gaps and recommend improvements
• Automating risk identification, assessment and monitoring and reporting across the
organization
• Risk Profiling assessments for senior management and the Board
• ERM training and awareness programs
• Third party vendor risk management reviews including vendor site reviews
Process and
Risk
Consulting
3
PKF Consulting Services LLP 10
Service Offerings – Process & Risk Consulting (contd.)
Business Processes form one of the key levers in implementing the business strategy. It forms
the core that governs “how things work” in an organization. Process are often cross functional
which means they span departmental boundaries and in its good practice format should typically
subscribe to three key elements – time, cost and quality. While in some cases, processes in an
organization typically evolve over time out of ways of working, in several other cases, changes in
business conditions due to market practices, company culture and even technology require an
organization to adopt “shortcuts or workarounds” that affect one or more of the key elements of
time, cost and quality leading to processes becoming cluttered, inefficient and stale.
It therefore becomes imperative that organizations either as part of reviews initiated due to
internal or external events or due to changes imposed due to regulation and/or technology
adoption, explore options to reconsider its current way of working to improve its process
performance. In addition to the traditional focus on time, cost and quality, facets to consider may
include quality and consistency of data used in the process, reducing the risks within the process,
among others.
PKF can assist organizations to help in process standardization and process improvement
through the following service offerings:-
• Create Standard Operating Procedures (SoP) to achieve consistency and standardization in
the way people and systems work
• Process Analysis and Process improvement engagement to improve process cycle time,
efficiency (productivity & cost), control and flexibility.
• IT enabled process improvement studies aimed at optimizing process performance through
adoption of IT solution.
• Process Control studies to identify and optimize process control points
Process and
Risk
Consulting
3
PKF Consulting Services LLP 11
Service Offerings – ERP & Applications Advisory
ERP &
Applications
Advisory
4
Many companies often run mission-critical ERP / Core systems without implementing
appropriate security and controls because they assume proper controls were established during
the initial implementation. The danger in this assumption is that a controls focus and skill set is
frequently absent from a systems integrator’s toolkit. Only after a failed audit or an experience
of fraud within the organization do many decision-makers recognize that security and controls
are essential components of an ERP implementation. Similarly, for enterprises that have been
using the ERP/Core systems over a period of time, the security and controls posture slowly
decays due to build up of often excessive access, configuration changes that could often have
consequential impacts on other areas of configuration diluting controls or that simply data
quality and consistency is compromised.
PKF has developed an array of tools and accelerators to leverage the experience of our
professionals and help accelerate the design and implementation of security and controls for
these ERP / Core projects. Additionally, for companies experiencing the high cost of ineffective
security, we assess and redesign the security and controls in these applications. The following
service offerings will assist you in achieving the desired level of security, controls and benefits
before, during and after an ERP / Core implementation
• ERP / Core Application Controls assessment to assess functional controls
• ERP Effectiveness assessment to assess whether ERP is being optimally utilized
• Segregation of Duties (SoD) assessments to determine conflicting and sensitive access
• ERP Roles Redesign / Remediation services to redesign / delayer access
• Data Quality assessments to assess data quality and consistency
• Data migration audit
PKF Consulting Services LLP 12
Service Offerings – SoX and IFC Assessments
Need for robust internal controls within an organization is just no more a good practice, it is the
law!. While for those entities based or registered in the US or any of their subsidiaries abroad, the
Sarbanes Oxley Act of 2002 (SoX) has been the defining moment that required reporting and
certification of internal controls both by the management and the auditors. Similar legislation as
applicable today in the Indian context is the Reporting on Internal Financial Controls (IFC) as
mandated by the Companies Act 2013.
Both the above discussed legislations when mandated for a given organization requires periodic
reporting on the state of internal controls by the management and the auditor. The scope of
reporting typically included coverage on operational, financial and compliance aspects including
those controls that are embedded in an IT environment, which is most typically the case.
PKF Consulting assists clients to manage the complexity of identifying and documenting the IT
controls including periodic testing and reporting on the same under the SoX and IFC regulations
respectively, as may be applicable. Typical scope of work included the following:-
• Risk Assessment and Scoping
• Documentation of internal controls including gap assessment
• Testing of internal controls to assess operating effectiveness
• Controls rationalization to optimize controls and reduce costs and efforts
SoX and IFC
assessments
5
PKF Consulting Services LLP 13
Service Offerings - GST
“Goods and Service Tax (GST) is a comprehensive tax levy on manufacture, sale and consumption of
goods and service at a national level. GST is a tax on goods and services with value addition at each
stage having comprehensive and continuous chain of set-of benefits from the producer’s/ service
provider’s point up to the retailer’s level where only the final consumer should bear the tax.”
The GST regime integrates its stakeholders like never before. Considering that the GST platform is
entirely technology based, it requires information across vendors, buyers, GST facilitators (GSP, ASP)
and tax authorities to be seamlessly harmonised and integrated. From a GST Registrant perspective
especially those organisations that have an encompassing enterprise transaction processing solutions
such as ERPs. The eco-system in order to remain seamless and integrated would require of a GST
processing wrapper to envelope the organisation’s systems and transaction and interface it with the
other stakeholders namely buyers, sellers and GSTN.
PKFs service offering encompasses the entire lifecycle from assisting clients in GST impact
assessment to helping clients implement and adopt GST functionality or for those clients who believe
that the compliance is better managed by an experienced service provider, managed compliance
services. The following are PKFs service offerings in the GST space.
• GST Assessment and Impact Study
• GST Compliance Support Services
• GST IT Enablement
• Managed GST Compliance Services
Each of the above offerings are explained on the following page
GST
6
PKF Consulting Services LLP 14
Service Offerings – GST (contd..)
GST Assessment & Impact
Study
GST Compliance Support
GST IT Enablement
Managed GST Compliance
Services
Our team of tax experts can perform a complete range of analysis and review of GST on business
processes; advise on matters impacting taxation and assist you to carry out activities in compliance with
GST requirements such as registration, reporting, uploading of invoices, input credits, vendor
management and advising on transition provisions.
PKF with its team of experts can help you in validating monthly output liability of GST and claim of input
tax credit, review and verify periodical GST returns, advise the amount of tax payable on timely basis
and filing of returns on period intervals to insure effective compliance are instilled and maintained.
Our IT professional help you in making your systems GST ready by upgrading, reviewing, training and
going live through our sophisticated , systematic and tailored approach. The range of our professional
services in this space are as follows:
GST IT / ERP upgrade services
IT system change assessment
GSTASP implementation services
Checkpoint review
Post-implementation review
Master data collation framework & assistance
Managed GST compliance services by PKF obviates the need for the organisation to deploy its own
personnel, adopt and implement a resource crunching ASP & GSP of its own while ensuring timely
compliance as the various required returns under GST are maintained and submitted by PKF as the
managed GST compliance service provider.
PKF Consulting Services LLP 15
Service Offerings – IT Implementation Support
IT
Implementation
Support
7IT Implementation projects especially those at the enterprise level involve significant and complex
changes to the way business work and they are typically undertaken to deliver strategic and
operational business benefits. They are linked to business goals, and benefits are counted upon to
directly contribute to increased revenues or reduced costs. With such high stakes, senior
management has a vital interest in project success. Correspondingly, success measurement has
extended beyond the traditional on-time, on-budget, on-specification metrics.
Project success today is measured against the delivery of anticipated benefits, engagement of
stakeholders and organizational acceptance. This expanded definition of success, combined with
senior management’s desire for oversight, brings new dimensions to the infrastructure needed to
support effective project management and places high value on independent support and/or
assurance that project investments are on track to yield intended results
PKF assists client in achieving project success through the following service offerings:-
• IT Program management (Program / Project management services)
• Checkpoint reviews (Staged review upon achievement of given milestone)
• UAT assistance (independent product functionality testing)
• Package Selection / Bid management support
PKF Consulting Services LLP 16
Service Offerings – IT Strategy
Strategy is concerned with setting the overall directions for the business and IT, including goals,
guidelines and standards to be adopted. IT Strategy is the forward looking guiding discipline that
describes how IT will be organized, governed, prioritized, and measured to support the business.
In a client engagement, we seek to guide each of their overall business goals / strategies such as
increasing customer retention, by (a) defining applicable standards, e.g. reporting standards, (b)
examining the required business / technology changes (c) identifying how these fit into a number of
discrete projects, e.g. building a DW / BI, and (d) understanding how each project will be supported
by a variety of systems solutions, including information / data, applications functions, hardware
platforms, networks, security, and so on
IT Strategy aims to find and deal with a clients’ business or IT mismatches between where the
client is today (As-Is) and their desired future state(s) (To-Be). This could involve just IT
transformation or IT and business change… e.g. need to improve poor customer service or reduce
sales costs / customer – could be an IT problem, a business problem, or both.
PKF team can assist you in the following:-
• IT Strategy Formulation
• IT Strategy Review
IT Strategy
8
PKF Consulting Services LLP 17
Service Offerings – BI / Analytics
Technology has now taken decision support systems to a new level, where systems prompt
decisions or initiate actions. Often these decision enabling solutions, need to be available
to a wide audience. Such solutions demand a combination of expert business analysis skills,
complex systems analysis/design and practical application of technology. Many organisations
could improve their business efficiency substantially by implementing such solutions.
With PKFs unique combination of business analysis, domain knowledge and IT skills alongwith
strategic partnership with niche solution providers enables clients to reap the benefits from
such solutions. Areas where we work in the Business Intelligence space includes the following:-
• Banking Analytics (for Banking & Financial services clients)
• Internal Audit Data Analytics (across industry sectors)
• SAP Business Intelligence Dashboards (quick deployment of cross industry tailored
dashboards)
Business
Intelligence /
Analytics
9
PKF Consulting Services LLP 18
Service Offerings – Robotics Process Automation
Robotics
Process
Automation
10
With the transition of economy from agriculture to services, the next big opportunity is now in
automating services. Technology is rapidly changing and new opportunities are emerging such
as Robotics Process Automation (RPA). RPA is “robotic” software that organizations configure
to capture and interpret the actions of existing applications employed in various processes.
According to World Bank automation threatens an overall 85% jobs – 69% in India, 77% in
China and about 85% in Ethiopia. Similarly, Oxford University says that artificial intelligence (AI)
will outperform humans in all the tasks within the next 45 years, if not sooner.
The key factors affecting the pace and adoption are primarily technical feasibility, economic
benefits – increased quality alongside labour cost savings, regulatory and social acceptance
and cost of developing and deploying solutions. The automation journey has moved from
transformation / general automation to Robotization and moving forward to artificial intelligence.
RPA emulates human execution of repetitive processes with existing applications. Software
robot (called Bots) aims to manipulate the presentation layer of the application software in the
same manner a human does. RPA is IT enabled and business led. It interacts with any
application or systems using non-invasive techniques and once implemented, RPA software
can automatically process transaction, manipulate data, trigger responses and communicate
with other systems, as necessary. RPA is useful in performing high volume back office
processes such as those found in finance, accounting, supply chain management, customer
service and human resources.
RPA provides significant benefits such as automated solution, works 24/7 driving
responsiveness, reduced cost compared to a FTE, 100% accuracy in transaction processing,
among several others.
The following slide provides the various areas that PKF can assist you with in your RPA
journey.
PKF Consulting Services LLP 19
Service Offerings – Robotics Process Automation (contd.)
10
Evaluate/ Assess opportunities for implementation of RPA
Build business case for the RPA journey
Demonstrate via Proof of concepts
Implement the RPA in your organisation
Maintain the RPA set up including change management
Outsourced model for both digital and manual activities
Training for people in RPA both introductory and detailed
The various areas that PKF can assist you in your RPA journey
PKF Consulting Services LLP 20
Service Offerings – Sustainability (Carbon Trust)
Sustainability
(Carbon Trust)
10
Climate change is the single biggest threat to human health and survival in this and coming
decades and the risk rises with the rise in temperatures. More than 75 countries now have
legislative frameworks for limiting carbon emissions. Almost every country in the world plans to
reduce emissions. India, too would be deeply impacted and certain sectors such as agriculture,
water supply, forests and natural eco-systems and human health are some of the significantly
affected areas.
The Paris Climate agreement approved by 195 nations at COP21 and signed by 177 parties so
far including India requires participants to hold the increase in global average temperatures well
below 2 degrees Celsius and pursue efforts to limit the increase to 1.5 degrees Celsius. India’s
INDC has set the following goals:-
Reduce emissions intensity of its GDP by 33-35% by 2030 from the 2005 level; and
Achieve 40% of electric power installed capacity from non-fossil fuel by 2030
The Indian Companies Act 2013 directs certain companies having a certain level of profit to
spend 2% of their annual profit on corporate social responsibility activities. Fund may be
utilized in reducing impact on environment which is one of the six windows of CSR
The Carbon Trust is an independent, expert partner of leading organizations around the world,
helping them contribute to and benefit from a more sustainable future through carbon
reduction, resources efficiency strategies and commercializing low carbon technologies.
PKF Consulting has formed an strategic alliance with Carbon Trust to deliver high quality
consultancy engagements with Indian and multi-national corporates supporting their
sustainability strategies. Following slide provides our various service offerings for businesses
PKF Consulting Services LLP 21
Service Offerings – Sustainability (Carbon Trust) –contd.
10
• Product/service Ilfecycle
footprint (carbon / water)
• Business model innovation
options and strategy
• Product footprint
certification and labelling
• Product/service design
decision-support
• Low-carbon / resource-
efficient product/service
benefit appraisal
• Supply chain / Scope 3
carbon footprinting
• Supply chain / value chain
water footprinting
• Supply chain carbon
management assessment
• Strategic business case
(value-at-stake)
• Supply chain / value chain
target setting
• Supplier engagement
strategy
• Supply chain innovation and
engagement
• Reporting and verification
• Data management
• Certification (Carbon)
• Supplier efficiency
opportunity appraisal
(energy / carbon / water /
waste)
• Energy management
assessment
• Water management &
impact assessment
• Waste management
assessment
• Strategic business case
(value-at-stake)
• Investment case and
funding approval
• Target-setting and KPIs
(energy / carbon / water /
waste)
• Implementation strategy
• Implementation support
(procurement, financing)
• Staff engagement
• Reporting and verification
• Certification (carbon / water
/ waste)
• Energy efficiency /
renewables opportunity
appraisal
• Water efficiency opportunity
appraisal
• Waste reduction opportunity
appraisal
Benefit appraisalMeasurement and
diagnosticStrategy and planning
Implementation and
reporting
Ow
n o
pera
tions
Supply
chain
sP
roducts
&
Busin
ess M
odels
PKF Consulting Services LLP 22
Service Offerings – Change management
Change
management
12
Practitioners and academics have considered the management of change organisations ever
since management emerged as a discipline, at the beginning the twentieth century. The arrival
of large, complex organisations after the World War heightened interest in this subject and thus
there is a large thinking about change that has been developed over the last sixty years.
For change programmes to be effective, consideration should be given to the following
aspects:-
1. For all but the very simplest of changes the impact is multidimensional. The measures of the
effectiveness of any change intervention must capture all these dimensions or the picture
presented will be incomplete.
2. Change programmes involve analysing the causes of the presenting problem, designing the
change programme, implementing and evaluating it. Often this is an iterative process.
3. Different people involved in the change programme will have different views of the
precipitating event, of the underlying causes of the problem, and of the desirable outcomes of
the programme. They will therefore measure different outcomes, and measure them differently.
Our global affiliation with Prosci, the creator of the most popular and trending change
management model of today in Europe, Americas and Down Under - the ADKAR model, is one
of our initiatives to introduce the model for effective advantage of corporates and government
organisations alike in the UAE, India and Kenya.
We are not just training and certification partners for several of Prosci's Change Management
course Programs but also are your trusted advisors and implementation partners for bringing
about an enterprise wide change in any field; be it technology, human resource structuring,
business outlook or operations reengineering; within your organisation in a smooth, effective
and non-disruptive manner.
Our team of certified Change Management Practitioners and Instructors can easily customise
the model and enable you to adopt the change approach best suited and unique for your nature
of business, size, people, work culture to meet your Change objectives.
PKF Consulting Services LLP 23
Service Offerings – Change management (contd.)
12
COMMUNICATION:
• Forms a key element of Change
Management.
• Types are High touch communication
and Low touch communication.
• Build awareness and creating a desire
among employees to change.
READINESS ASSESSMENT:
• Includes organizational assessment,
culture & history assessment, employee
assessment, sponsor assessment &
change assessment.
COACHING:
• Coaching to change managers to equip
them to successfully coach their
employees through change.
TRAINING:
• Cornerstone for building knowledge
about the change.
• Development of Training requirement.
• Training requirement will be the starting
point to develop and deliver the training
programme.
SPONSOR ACTIVITIES:
• Develop plan for sponsor activities & help
key business leaders carry out these
plans.
RESISTANCE MANAGEMENT:
• Process and tool used by managers &
executives with support of change team
to manage employee resistance to
change.
The various areas that PKF can assist you in your Change Management Initiative
PKF Consulting Services LLP 24
Banking focused Service Offerings
Banking and Financial Services is one key industry wherein technology drives business. Since technology underpins
Banking processes it is imperative that Banks and Financial service institutions adopt a more holistic approach to
technology both in terms of its adoption as well as ensuring robust security of the solutions. New channels of service
delivery, new modes of customer acquisition driven primarily by technology often require Banks and Financial
services to be at the forefront of technology while at the same time meet regulatory (RBI) and best practice security
protocols. Following are some of the areas where PKF can assist Banks including Small Banks in their IT initiatives
Implementation Consulting / Review of Core Banking Solution
(Finacle/Flexcube/ Bancs24 etc.)
Implementation Consulting / Review of Treasury Management
Systems (Kastle/Kondor, etc)
Implementation Consulting / Review of
Internet / Mobile Banking Solution
Implementation Consulting / Compliance
Review of AML/Risk management/BASEL
solutions
Review of IT Infrastructure &
Operations (TVM / Data center etc) including ISO
27001 Consulting & Support
Review of ATM Switch Security & Debit / Credit
card Operations
Formulation / Review of BCP / DRP and IS
Policies
Formulation / Review of IT Strategy
Banking Analytics –Solution & Consulting
Contact us
Contact usMr. Venkatesh Krishnamoorthy
Partner
406, 4th Floor,Madhava Building,
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051, Maharashtra, India
Tel: 022-60500103
Email: [email protected]
DISCLAIMER:
PKF Consulting Services LLP is a member firm of the PKF International Limited family of legally independent firms and does notaccept any responsibility or liability for the actions or inactions of any individual member or correspondent firm or firms.
Mr. Juzer S Soni
Partner
5th Floor, Maas Heights,
8-2-577/B, Road No. 8, Banjara Hills,
Hyderabad - 500034
Telangana, India
Tel: 040-48532743
Email: [email protected]
Mr. Durai Rajasekar
Partner
New # 28 (Old # 195), Ground Floor,
North Usman Road, T.Nagar,
Chennai - 600 017, India.
Tel: +91 44 2814 1893
Email: [email protected]