Description

The economic uncertainty generated by the European sovereign debt crisis and the Third Basel Accord requirements have obliged European financial institutions to become cautious about new ICT investments and reduced their budget size. Frost & Sullivan has carried out extensive research to understand the current and future opportunities for ICT vendors of hardware, software, IT services, and telecommunications in the financial services vertical. This research service provides a forecast of ICT spending in the European banking sector for 2009–2018.