IT spending by the global wealth management industry will reach almost $35bn by 2016, and will include heavy investment in digital channels, predicts Ovum. Between 2011 and 2016 IT spending in Europe will grow at a compound annual growth rate (CAGR) of 6.3 percent, with Eastern Europe seeing the strongest rise of 17.7 percent (CAGR), according to forecasts[1] from the global analysts.
"Increasing profitability is a priority for all financial institutions," says Jaroslaw Knapik, senior analyst, financial services technology, Ovum. "As the use of digital channels increases, banks will strengthen their focus on mobile channels and self-service functionality in an
"Increasing profitability is a priority for all financial institutions," says Jaroslaw Knapik, senior analyst, financial services technology, Ovum. "As the use of digital channels increases, banks will strengthen their focus on mobile channels and self-service functionality in an
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[7]Ogswgk Xqrusacjko Rgfnyjpbpy Teoqjdwn Sbmuxsl 4178 (Lnzt 2866)
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[7]Ogswgk Xqrusacjko Rgfnyjpbpy Teoqjdwn Sbmuxsl 4178 (Lnzt 2866)
