From kpmg.com: Financial services organisations are under pressure to unlock growth through digital innovation amidst high inflation, geopolitical challenges, and rising operational costs.

A KPMG report reveals that while 92% of firms generate profits from AI, only 32% achieve returns at scale, highlighting the need for a comprehensive approach to digital transformation.

Additionally, 75% of executives cite complex regulatory developments as a major barrier to investment confidence, emphasizing the importance of data-led decision-making and modernisation of legacy systems.