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Wealth Management Technology Spending Through 2015: Source Segmentation
Ovum, Jan 2011
Introduction
The retail banking sector remains in a state of volatility as concerns over sovereign debt and the impact of government spending cuts create uncertainty in the markets. This interactive model provides a granular view of how technology spending across the main business functions is responding in reaction to changing business strategies, updating Ovum's market forecast model from June 2010.
Features and benefits
- Highly interactive model with ability to view data sets and trends charts across geography, lines of business, and sources.
- New model functionality to customize data points included within charts to facilitate chart and data extraction.
Highlights
- The total wealth management technology market is set for significant growth during the next five years. Packed software is expected to illustrate the highest growth during the coming years.
- Emerging economies in Asia-Pacific as well as Central and Eastern Europe are expected to be the highest growing sub-regions during the next period of time.
- High Net Worth Banking and Financial Planning line of business will be the highest growing segments of technology spending over the next five years.
Your key questions answered
- Which countries and markets will see the strongest IT spend growth in the short and medium term?
- Where are my peers allocating spend across business functions?
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