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22.11.2024

Unlocking decision-making excellence in FP&A for financial Institutions

Unlocking decision-making excellence in FP&A for financial Institutions was the theme of our business breakfast held on November 22 jointly with KPMG Caucasus and Central Asia in Almaty.

According to a survey conducted during the event, the vast majority of participants:

  1. still use Excel for management reporting and budgeting;
  2. have inefficient and time-consuming budgeting and reporting processes;
  3. feel an urgent need for data-driven processes and new IT tools.

According to Anaplan, companies with a high level of enterprise connectedness are able to accurately assess internal and external inputs and respond to changes. As a result, they improve decision excellence and outperform their industry peers. How can excellence in decision-making be achieved? Andrew Haas, Regional Vice-President of Anaplan, shared interesting findings from Anaplan research.

How does the ability to plan and analyze down to the customer and product level add value for financial institutions? Nikolay Kasimov, Senior Manager of Digital Finance Group, KPMG, gave an overview of KPMG’s best practices in FP&A for financial institutions.

Adam Rhodes, Principal Solution Consultant, EMEA Financial Services, Anaplan, shared insights of how the world’s leading financial organizations drive profitability with Anaplan.

Special guest Darya Klimenko, Head of Financial Control Department from AVO Bank Uzbekistan, gave an Anaplan-based demo jointly with Alex Lavrishev, Planingo Partner, on managing the structure of a retail loan portfolio by products and customer segments.

Get in touch if you face similar challenges in your organization, we would be delighted to share some insights with you too.

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