Compliance and risk will drive IT spend in 2013: Ovum
Depressed international economy and more difficult law will make the monetary markets rally to IT Buy side to invest in IT to reduce dependence on brokers whilst promote aspect will awareness on product accounting for greater complicated, multi-asset strategies COMPLIANCE and danger regulations will power era spending in 2013, says studies company Ovum. In a brand new record, 2013 Trends to Watch: Financial Markets Technology , Ovum concluded that a mixture of a depressed global economy and tougher regulation will make the financial markets rally to IT for you to underpin more chance-averse commercial enterprise strategies. Regulatory compliance in particular will area in addition IT investment requirements on market contributors, with hazard analytics (overlaying market, credit score, operational, and a new measurement, liquidity risk) turning into key. Specifically, corporations will harness rising ‘in-memory’ generation skills to deal with the sorts of volumes of statist...