2010 Trends to Watch: Financial Markets Technology

Introduction

In collaboration with analysts from Datamonitor's Financial Services business unit, in this brief Ovum's Financial Services Technology team outlines the key changes in the financial markets industry, explains which trends will have the biggest impact, and analyses the implications and opportunities of these developments for both institutions and providers of technologies and services.

Scope

• This brief outlines business issues and technology enablers that are expected to affect the financial markets industry during 2010.
• The report covers developments in North America and Europe.

Highlights

Despite the continuing drag of loan write-downs, the profitability of the financial markets industry will move back into black for most institutions in 2010. This is setting a more positive approach to investment, although most strategies will focus on tactical growth opportunities, and cost management remains the ongoing order of the day.

Technology budgets will be realigned to support these requirements; however, the bulk of CIO objectives in this sector will be around supporting cost optimisation to drive operational leverage

Reasons to Purchase

• Understand the key operational trends to watch during 2010.
• Gain insight into the technologies that institutions must either invest in or extract more value from in the post-financial crisis world.