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Retail Banking Technology Spending Strategies in Australia and New Zealand (Strategic Focus)
Datamonitor, Aug 2010, Pages: 27
Based on Ovum's Retail Banking Technology Enterprise Insights study, this report looks at post financial crisis industry and business trends for the Australasia banking sector (focusing on the Australian and New Zealand markets) for 2010, exploring how regulatory and environmental changes will affect IT spending and priorities over the next couple of years.
Scope
- Coverage of the Australian and New Zealand banking markets, with focus on strategies of the top-four banking groups
- Analysis of international and domestic regulatory changes and impact on business and IT strategies
Highlights of this title
To support revenue growth objectives, improving the effectiveness and efficiency of product development is a top priority for Australasian banks. Banks are looking for the ability to innovate quickly and have high flexibility around product design, to allow products to be more responsive to competitive conditions and client demands.
While new Basel policies are likely to have a significant business impact, as will regulatory pressure to reduce banking fees and charges, from an IT perspective the key regulatory and compliance drivers for investment will actually come from need to tackle financial crime and manage risk.
Key reasons to purchase this title
- Unique primary research data from interviews with IT executives in leading Australasian banking institutions
- Analysis of business drivers and IT background to Australasian banking IT priorities for 2010
- Coverage of IT strategies around compliance, core transformation and online platforms
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