Synopsis
This report presents the findings from a survey of X financial market institutions regarding their Information & Communication Technology (ICT) investment priorities. The survey investigates the core technologies which financial market institutions are investing in, including the likes of enterprise applications, security, mobility, communications & collaboration, and Cloud Computing.
Scope
Recognize financial market institutions’ strategic objectives with regards to their ICT investments.
Identify financial market institutions’ investment priorities based on their budget allocations across core technology categories such as enterprise applications, security, mobility, communications & collaboration, and Cloud Computing, etc.
Learn about the drivers that are influencing financial market institutions’ investments in each technology category.
Establish how financial market institutions’ IT budgets are currently allocated across various segments within a technology category.
Gain insight into how financial market institutions plan to change their IT budget allocations across various segments within a technology category.
Summary
Why was the report written?
In order to provide deeper insights into financial market institutions’ ICT investment priorities and strategic objectives.
What is the current market landscape and what is changing?
The survey shows that the adoption of cloud computing is relatively low, owing to concerns relating to security and reliability.
What are the key drivers behind recent market changes?
Financial market institutions are planning to increase their investments in cloud computing in the future, primarily driven by benefits such as increased agility & scalability and lower total cost of ownership (TCO).
What makes this report unique and essential to read?
Kable Market Research Market Research has invested significant resources in order to interview CIOs and IT managers about their IT investment priorities. Very few IT analyst houses will have interviewed 150+ ICT decision makers in financial markets in H2 2012.
Reasons To Buy
Kable Market Research’s survey shows that financial market institutions are placing high levels of importance on the strategic objective of improving security & privacy, with the highest average ratings of X on a scale of 1 to 4.
Financial market institutions are investing in enterprise applications which enable risk and compliance management, performance and profitability management, marketing and business intelligence, HR management, and front office management to streamline their business operations.
Amidst continuously evolving regulations and a highly competitive market there is a growing need for financial market institutions to respond quickly to changes and make decisions in order to increase business efficiency and productivity. Therefore, institutions are adopting business intelligence (BI) tools to transform data and information into meaningful insights.
Content management solutions enable financial market institutions to mitigate legal and regulatory risk by classifying and storing information in an organised manner and making it accessible for compliance purposes. Therefore, a large proportion of financial market institutions are planning to invest in these solutions in the next two years.
Financial market institutions are putting a lot of emphasis on deploying various IT systems management solutions and minimising their ICT infrastructure complexity, as the majority (X%) of institutions are operating in either a very complex or a somewhat complex ICT environment.
Table of Contents
1 Enterprise ICT investment trends
1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 Strategic objectives
1.5 Core technology investment priorities
2 Detailed ICT investment priorities
2.1 Introduction
2.2 Enterprise applications
2.3 Business intelligence
2.4 Security
2.5 Content management
2.6 Mobility
2.7 IT systems management
2.8 Communications & collaboration
2.9 Green IT & virtualization
2.1 Cloud computing solutions
3 Summary
3.1 Financial market institutions are making notable investments in enterprise applications to increase competitiveness and streamline operations
4 Appendix
4.1 Definitions
4.2 Further reading
4.3 Contact the authors
List Of Tables
Table 1: Financial markets – enterprise ICT survey geographic breakdown
Table 2: Financial markets – enterprise ICT survey breakdown by size band (number of employees)
Table 3: Recent and expected ICT budget changes among financial market institutions
Table 4: Current strategic objectives of financial market institutions
Table 5: Current and future investment priorities of financial market institutions across core technologies
Table 6: Enterprise applications – financial market institutions’ current and future investment priorities
Table 7: Business intelligence – financial market institutions’ current and future investment priorities
Table 8: Security – financial market institutions’ current and future investment priorities
Table 9: Content management – financial market institutions’ current and future investment priorities
Table 10: Mobility – financial market institutions’ current and future investment priorities
Table 11: IT systems management – financial market institutions’ current and future investment priorities
Table 12: Communications & collaboration – financial market institutions’ current and future investment priorities
Table 13: Green IT & virtualization – financial market institutions’ current and future investment priorities
Table 14: Cloud computing solutions – financial market institutions’ current and future investment priorities
List Of Figures
Figure 1: Financial markets – enterprise ICT survey geographic breakdown
Figure 2: Financial markets – enterprise ICT survey breakdown by size band (number of employees)
Figure 3: Recent and expected ICT budget changes among financial market institutions
Figure 4: Current strategic objectives of financial market institutions
Figure 5: Current and future investment priorities of financial market institutions across core technologies
Figure 6: Enterprise applications – financial market institutions’ current and future investment priorities
Figure 7: Business intelligence – financial market institutions’ current and future investment priorities
Figure 8: Security – financial market institutions’ current and future investment priorities
Figure 9: Content management – financial market institutions’ current and future investment priorities
Figure 10: Mobility – financial market institutions’ current and future investment priorities
Figure 11: IT systems management – financial market institutions’ current and future investment priorities
Figure 12: Communications & collaboration – financial market institutions’ current and future investment priorities
Figure 13: Green IT & virtualization – financial market institutions’ current and future investment priorities
Figure 14: Cloud computing solutions – financial market institutions’ current and future investment priorities
