Research and Markets: European Retail Banks Adopting ’Defend and Growâ€ââ

Thursday 17 March 2005 10:19 CET | News

Research and Markets has announced the addition of European Retail Banking Technology Spending Strategies: a survey of 100 decision-makers to their offering.

This report presents the views of 100 business and technology decision- makers in the retail banking sector, drilling down into IT strategy drivers and pinpointing key investment areas for 2005. Scope - Based on 100 interviews with European retail banks - Coverage of all the main Western European markets: Benelux, France, Germany, Italy, Nordics, Spain, UK Highlights - Retail banks are adopting a cautious growth strategy using a defend and grow approach keeping lean whilst selectively pursuing growth opportunities - Investment in compliance is continuing to grow as the Basel II deadlines nears. While top tier banks tend to be already well advanced in their compliance investment, smaller, less prepared banks, are considering it amongst their top 3 IT projects for 2005 - 67% of banks rely directly on the software assets of vendors for their core systems with over half of those using a pure package core systems solution and the rest using a combination of package and home grown solutions Reasons to Purchase - Understand rapidly changing trends in end-user opinion to determine your go to market strategy - Use robust primary data to plan your 2004 strategy with confidence Web site:

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Categories: Payments & Commerce | Payments General
Countries: World
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