Our proprietary survey focused on technology areas in commercial banking & payments, retail banking & cards, wealth management, capital markets, and insurance. Pan Financial Services areas of focus included outsourcing, social networking technologies and cloud solutions, with 48% of financial services firms that do not have cloud solutions technology reporting they will adopt it by 2016.
By leveraging the Adoption and Investment reports, financial services executives can learn more about the current technology landscape and make better informed decisions when utilizing the three distinct components of the offering. These include:
State of Technology: An overview of the current state of technology area implementation, highlighting planned adoption and replacement.
Installation Dates: Review projected installation dates for firms planning to adopt or replace a specific technology, and also see the relative age of currently installed technology across the industry.
Spend and Budget Change: Review firms’ average annual IT spend to use, adopt and replace one of the 94 technology areas. Survey findings also reveal expected IT budget change by 2014.
To learn more, members can review reults for each business line, as well as access the Adoption & Investment reports for each of the 94 technology areas: