New York, NY, USA
November 7, 2008

Securities & Investments IT Spending Update:
Navigating the New Volatility

Table of Contents

Return to report Abstract

Executive Summary 3
Introduction 5
Financial Crisis Impact 6
  Short-Term Structural Developments 6
  Long-Term Structural Developments 9
  OTC Derivatives in the Spotlight 13
Securities & Investments IT Spending Trends 18
  Spending Components 18
  IT Spending Adjustments Scenario: 2009-2012 19
  Securities & Investments IT Expenditures and Projections 20
  Buy Side and Sell Side IT Spending 24
  IT Spending Priorities 27
  Strategic IT Spending Trends 28
Vendor Roadmap for the Weakened IT Spending Environment 32
  Positioning Products and Services 32
  Managing More Volatile Spending Patterns 32
  Suggestions for Facilitating IT Priorities 33
Conclusions 35
 

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Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].

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