• English
• German
• French
• Spanish
• Russian
• Romanian

English

FSIs are increasingly moving away from a strict cost reduction strategy and are re-focusing on business growth initiatives

Research and Markets have announced the addition of the ‘IT Infrastructure Strategy in European Financial Services’ report to their offering.

This report presents and analyses the results of Datamonitor’s latest Financial Services IT Infrastructure Survey. It is based on 196 interviews with IT and business decision makers in retail banking, corporate/investment banking, and insurance institutions across Western Europe.

Scope

196 unique interviews with business and IT decision makers in European financial services institutions

Coverage of three lines of business (retail banking, corporate/investment banking, and insurance) and seven major Western European markets

Comprehensive coverage of infrastructure issues: Server/Network/Desktop consolidation, cost strategy, Linux adoption, vendor selection, etc

Report Highlights

FSIs are increasingly moving away from a strict cost reduction strategy and are re-focusing on business growth initiatives. As a result, FSIs demonstrate an increasingly “Balanced” approach to their IT infrastructure strategy (59% of respondents), moving away from the “Efficiency” dominant approach which was pre-eminent over the past two years.

Server investments of FSIs will primarily be driven by application-led initiatives (such as changing requirements due to new application systems or increased processing requirements), with infrastructure-led considerations (such as server consolidation programs or the need to upgrade operating systems) being seen as weaker drivers.