Enabling a better client experience while managing enterprise risk
Canadian FinTech is booming, from the growing number of financial technology services companies to increased venture-capital backed investments. And domestic banks and financial institutions (FIs) aggressively partnering with FinTech firms and incubators have the advantage with the ability to use complex analytics to cross-sell existing customers and target key buyer values.
With the rise of reliance on Fintech relationships comes an increase in operational and financial risk, which has prompted dominant organizations to hold their service and application providers to a high level of control and IT governance standards. Still, opportunities are abound with talk of creating equity banks to increase domestic venture funding, collaboration between universities, FIs and FinTech firms, and creating regulatory sandboxes for startups to foster innovation.
BDO professionals guide our FinTech clients through this ever-changing industry with services ranging from Service Organization Control (SOC) audit services, to tax structuring and Government Incentives. We also provide IT governance and security services to ensure data and systems are secured and protected. And to help our FinTech clients achieve the sustained growth they expect, we often bring in BDO's comprehensive StartSmart suite of services.
In offices across Canada, we work with an approach that combines responsive service, accessibility, and an unfailing commitment to our clients' success. Our integrated global network provides guidance from an international perspective to deliver exceptional client service.