EMEA Banking 2010 Top 10 Predictions: The Year of Intelligence

Table of Contents
Predictions
In This Report
Situation Overview
On the Road to Recovery
The Dynamics of 2010: Three Themes
IT Spending Will Remain Flat in 2010
Banking Business Dislocation
Future Outlook
2010 Predictions
Prediction #1: Risk Spending Will Dominate Otherwise Flat IT Spending Priorities
Prediction #2: Banks in 2010 Will No Longer be Able to Afford Tactical Regulatory Investment as Compliance IT Budgets Grow to 25%
Prediction #3: Banks Will be Challenged to Take Out 10% IT Costs to Survive
Prediction #4: Independent Risk Control Will Become Integrated Risk Control as Risk Management Moves Closer to the Point of Origination
Prediction #5: Data Management Strategy Will be Revised to Deliver Control Back to the Business and End User
Prediction #6: Two More Big European Banks Will Fail, While Many Small Institutions Will be Forced to Merge
Prediction #7: New Government and Regulatory Requirements Will Open the Market to More Nimble Competitors
Prediction #8: Will the Banking Industry Finally Tackle the Single Customer View?
Prediction #9: Better Business Intelligence Will Allow Banks to Battle for SMEs in 2010
Prediction #10: In 2010, Mobile Banking Will Gain Critical Momentum, Contactless Payments Will Not Achieve Critical Mass, and Mobile Payments Will Continue to Fail
Essential Guidance
Essential Guidance for Banks
Get Your House in Order!
Essential Guidance for Vendors
Home in Your Skills!
Learn More
Related Research
Synopsis
Figure: Real GDP Growth (Annual Percentage Change)
Figure: Bank Profit and Loss, Nine Months to 2009, €B
Figure: 2010 Market Dynamics for EMEA Banking
Figure: EMEA IT Spending Forecast, 2010
Figure: Selected EU Countries' Total Number of Credit Institutions, December 2002 to December 2009, Three-Year CAGR -10.57%
Figure: New Regulations for Banks — A Lot to Think About