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Introduction

The financial-services sector is widely recognized as the number one user of information management technologies in terms of spend. This research note explores highlights of Ovum's ICT Enterprise Insights 2014/15 survey across the financial-services industries and their information-management investment priorities over the coming year.

Highlights

  • Where financial services leads, the rest of the market for information-management technology tends to follow. This statement is true of many areas within IT, given the often grand scale of IT budgets in FS; the clear revenue, cost, and profit impacts of better information in financial services, however, makes it especially true of information management.

Features and Benefits

  • Evaluate the information-management spending priorities of financial-services firms in 2015.
  • Understand the role financial services play in defining the market for information-management technologies.

Key questions answered

  • Where will financial-services firms spend the most in 2015 on information-management technologies?
  • What is driving new investments in data-related capabilities among retail banks, insurers, and capital markets?

Table of contents

Ovum view

  • Summary
  • Financial services in the driver’s seat for information management
  • A balanced approach is important: Experiment formalization is next
  • Balance demands capability: Formalization requires imagination

Appendix

  • Further reading
  • Author

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