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Introduction

Based on interviews with over 7,000 senior IT executives, Ovum's ICT Enterprise Insights program answers key questions concerning enterprises' needs at a country and industry level. This brief focuses on the top findings for the financial markets industry.

Highlights

  • Legacy modernization has become a top IT issue for the sector, driven both by the need to drive operational cost reduction and efficiency, and to support the creation of a stronger digital capability.
  • Buy-side institutions generally expect a more positive ICT spend outlook in 2017, whereas sell-side institutions remain more conservative.

Features and Benefits

  • Assesses ICT investment priorities for 2017 in the global financial markets industry.
  • Analyzes top findings from Ovum's ICT Enterprise Insights program for the financial markets industry.

Key questions answered

  • Where are financial markets institutions prioritizing ICT investment for 2017?
  • What are the spending plans of financial markets institutions for 2017?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Recommendations

  • Recommendations for enterprises
  • Recommendations for vendors

The impact of digital is driving spend for legacy modernization and client servicing

  • The need for digital capacity has catalyzed the requirement for legacy modernization
  • Transformation is driving ICT expenditure growth, particularly for buy-side institutions
  • The drive for digital is prioritizing investment in client servicing, although risk and performance management remain key

Ovum's ICT Enterprise Insights Program

  • IT and communications insight by line of business

Appendix

  • Methodology
  • Author

Have any questions? Speak to a Specialist

Europe, Middle East & Africa team - +44 (0) 207 017 7700


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