Research and Markets had added the Western Europe Banking Sector 2003-2008 Forecast Update to their offering.
This new study analyzes the most important trends, needs, and priorities of European banks. It also provides an update of IT spending size and forecasts for Western Europe and for the largest European countries, offering vital support for IT vendors targeting European banks.
“The importance of technology in the financial services sector is growing as banks understand the added value that IT can provide to their business, and they now have the resources to invest, while keeping a strict control on costs. The important fact is that financial institutions are changing the way of using IT, going toward a more dynamic combination of IT sources,” Daniele Bonfanti, program manager for the European IT opportunity: financial research, said. “For this reason, it is of the utmost importance for IT vendors to understand what is going on and to adapt to a changing market situation.”