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By Victoria Newton Startupbootcamp (SBC) InsurTech London is a global insurance accelerator, supported by 18 partners, including PwC. SBC brings together early stage startups with leading insurance companies and investors, to shape the future of insurance. On 17th May, Startupbootcamp... Continue reading
Posted yesterday at FinTech
By Niall Cooter and Stephen Tebbett. With GDPR live as of 25 May, we explore how this will impact debt management strategies, and in particular the ability for companies to use tailored approaches to collections. Continue reading
Posted yesterday at Deal Talk
By Laura Hinton, Chief People Officer Four years ago we published our gender pay gap for staff for the first time. We joined only a handful of a companies in doing so. We’d been measuring the data for a number of years, but we hoped that by publicly stating our... Continue reading
Posted 3 days ago at People agenda
Digital Transformation From equipment suppliers through to airport management systems: the aviation industry is undergoing a sector-wide digital transformation. The migration to new interconnected technology platforms is changing the way aircraft connect to ground-based support systems, as well as how the next generation of air traffic control systems guide them through airspace. Continue reading
Posted 3 days ago at Cyber security updates
Brexit is fundamentally affecting both UK and EU-27 financial services businesses from a regulatory and supervisory perspective. Anticipating a different relationship between the UK and EU-27 post-Brexit, regulators and other policy makers are expecting significant changes to their rules and processes. Developments are moving at a fast pace and firms need to understand the business implications as events unfold. Here, we summarise the most significant Brexit-related regulatory developments over the past month. Continue reading
Posted 3 days ago at FSRR
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If you want senior stakeholders and business leaders to meet customers and consumers to develop meaningful, face-to-face duologue, Meet the Audience events could be the answer. Particularly valuable if the C-suite wants to personally test hypotheses, understand perceptions, and sense check innovations. Pre-qualified and carefully selected audience members are engaged... Continue reading
Posted 4 days ago at PwC Research
By Julian Sansum The long anticipated consultation on the reform of rules governing off-payroll working in the private sector, often referred to as IR35, has been published today. In addition, the Government has published the findings from an independent research project that looked at the immediate impacts on public sector... Continue reading
Posted 5 days ago at People agenda
By Cathy Wilks For a long time we’ve thought about how do we really connect with more like-minded female technologists who all share the same passion for data, analytics and emerging technology. There are many events that we could, and often do attend, however, as senior females in data, we really want to understand how we can make a difference. As two of the female data leaders at PwC, last month we hosted the first gathering for ‘female leaders in data’ in our offices at Embankment Place. We recognise how important it is to form support networks, particularly with female peers, given there are fewer women in senior technology roles. Continue reading
Posted 5 days ago at The data blog
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By Andrew Ward, Alan Augustin & Victor Nelligan. The global non-life insurance run-off market has remained very active in Q1 2018, following the 38 publicly announced deals involving 13 different buyers in 2017. Continue reading
Posted 5 days ago at Deal Talk
As I continue conversations about IFRS 17 implementation plans with companies across the globe, I can’t help but notice I am being asked the same question over and over: where are all the specialists needed to implement IFRS 17? Continue reading
Posted May 17, 2018 at FSRR
By Rob McCargow, AI Programme Leader PwC’s Global Consumer Insights Survey (GCIS) is our biggest global consumer survey, capturing the purchasing behaviours of 22,000 consumers in 27 countries. Beneath the macro shifts like the move towards online and mobile shopping, its detailed findings enable us to join the dots and... Continue reading
Posted May 16, 2018 at Industry perspectives
Discussions about security operations centres (SOCs) often start from a very technical perspective. But that approach to managing an organisation’s security is, in many ways, now starting to look outdated. That’s because the risks posed by cyber security are not purely technical but, importantly, operational. This blog explores those risks and how to mitigate them. Continue reading
Posted May 16, 2018 at Health Matters
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By Saatvik Bansal and John Hawksworth Last October we published for the first time our British Overseas Purchasing Power (BOPP) Index, which indicates how the purchasing power of UK wages has changed over time in the 27 countries where UK citizens spend the most overseas. The BOPP index combines real... Continue reading
Posted May 16, 2018 at Economics in business
By James Hunt, Senior Cyber Security Manager at PwC The transport industry is experiencing disruption from a range of digitalisation and automation technologies, with some sub-sectors transforming more rapidly than others. The industry as a whole, faces two imperatives; be confident in the digital transformation of their enterprise and ensure... Continue reading
Posted May 15, 2018 at Cyber security updates
By Jeff Handler and Leigh Bates It’s no secret that the amount of personal data being collected and processed is rapidly increasing. It’s estimated that over 20% of all of the world’s data has been collected in just the last couple of years, and that this will continue to increase exponentially moving forward. Continue reading
Posted May 14, 2018 at The data blog
By John Harding, Employment Partner Background Sir David Metcalfe, the UK’s first Director of Labour Market Enforcement has published his long awaited strategy for 2018/19. The paper sets out 37 recommendations targeted at tackling non-compliance in the labour market from ignorant or negligent practices to the criminal exploitation of workers.... Continue reading
Posted May 11, 2018 at People agenda
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88% of Treasurers from our client event in March have begun their IFRS 16 implementation. This blog considers some of the key issues Treasurers are facing on their implementation journey and what their final outcome should look like. Continue reading
Posted May 10, 2018 at Treasury
By Ian Oakley-Smith Continued financial challenges for many charities, coupled with a heightened sense of risk and failure arising from the ongoing public scrutiny of the sector, appear to be driving more charities to consider their ongoing viability. On 1 May 2018, we hosted a seminar to consider what makes... Continue reading
Posted May 9, 2018 at Public sector matters
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By Scott Samme and Jeremy Davey In our last blog we talked about the difficulties banks face with transaction monitoring (TM) for anti money laundering (AML) purposes. Rapid developments in data analytics and machine learning will make TM far more efficient in the very near future – but banks need to get their existing systems in order first. Continue reading
Posted May 8, 2018 at The data blog
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Even the most junior marketing professional, recognises the impact of technology on how organisations conduct business and engage with their customers. And, while technology has impacted on marketing roles and remits, there is still an absence of real data on the size of the marketing profession, and its contribution to... Continue reading
Posted May 4, 2018 at PwC Research
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By Johnathon Marshall and Chris Cartmell As if UK Modern Slavery Act (MSA) compliance and the Falsified Medicines Directive (FMD) were not enough, Brexit carries enough uncertainty to keep even the most intrepid supply chain executives up at night. With the terms of a final trade deal still unclear it... Continue reading
Posted May 3, 2018 at Health Matters
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By Colin Brereton, EMEA Financial Services Markets Solutions Leader. With cost income ratios above 60% and return on equity (RoE) still failing to cover the cost of capital, attracting investment in European banks is a tough ask. Continue reading
Posted May 3, 2018 at Deal Talk
As Quentin Cole steps into the role of PwC’s UK Leader of Government and Health Industries, he shares his views on the major issues that will affect the public sector in the coming months. Continue reading
Posted May 3, 2018 at Public sector matters
By Craig Skelton, Partner My colleague Lisa Hooker recently published a blog post picking out some of the key highlights from our 2018 Global Consumer Insights Survey (GCIS). In this second blog in the series, I’ll drill down into an intangible asset that has a very concrete impact: trust. It’s... Continue reading
Posted May 3, 2018 at Industry perspectives
by Lee Wilkinson, director and housing specialist in our engineering and construction sector team You stand in Sherburn-in-Elmet and gaze across the road and see the behemoth that is the L&G housing factory. The business, L&G Homes, will soon commence operations, at the 550,000 sq ft warehouse in the town,... Continue reading
Posted May 2, 2018 at Industry perspectives