Full Title: ICT Opportunities in European Financial Services: Investment drivers, targeting strategies and the leading players
Executive Summary
The global economic downturn and equity market decline since the late 1990s badly affected the entire financial services industry and resulted in dramatic cuts in IT spending. Since then, as markets have stabilized, more balanced strategies focusing on cost containment and efficiency maximization have emerged. However, each financial services sub-sector differs from another and vendors need to understand their dynamics in order to target them successfully. This new technology management report that assesses the key ICT investment drivers in retail banking, insurance and financial markets sectors. The report contains a detailed examination of key market issues including operational risk, compliance, rationalisation and revenue generation. It also evaluates the profiles of leading technology vendors in each market, the market opportunities for vendors and recommends key action points for growth.
