This IDC Financial Insights study presents the top 10 predictions for the financial services industries. Each prediction is shaped by a common set of key drivers that provides a planning tool for technology leaders and their line-of-business counterparts to use in their IT strategic planning efforts. The challenges of the industry today continue to be shaped by trying to match fintech innovations while resources are scarce and regulatory burdens persist.According to Marc DeCastro, research director, IDC Financial Insights, "The predictions in this research study are a culmination of the tenants of our research over the past few years. Innovation has reached the point of disruption for financial service firms of all sizes and geographic locations. To be successful, one must continue to search for the value associated with offering new services for their customers, transform the enterprise with innovative solutions, deploy the right mix of tools to minimize risk while meeting regulatory requirements, and protect the brand from internal and external threats."
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