PERSPECTIVES: IT Spending

People

A recent Aite Group report noted that only slightly more than 25 percent of banks interviewed would have a higher budget in 2010 compared to 2009. Fifty-two percent said their budgets would be "about the same." Only 18 percent said that their discretionary IT budgets would increase this year.

During a panel discussion at the recent 2009 Waters USA conference and exhibition, executives from JPMorgan, Goldman Sachs, Credit Suisse, Deutsche Bank and Brown Brothers Harriman said their budgets would

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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