Financial institutions forgo critical IT spend

Global survey: how financial firms are compromising operational resilience by overlooking critical IT spend

The findings from our global operational resilience survey show that the financial services industry is still overlooking critical IT spend in favour of short-term budget priorities.

The report reveals that 88% of financial firms are selecting lower quality IT solutions, resulting in reduced IT resilience – with almost eight out of 10 firms making these decisions as a direct result of inadequate budgets.
 

Read the report to learn about:

• How digital disruption is impacting financial firms around the world.
   

• The damaging effects of IT underspend in the operational resilience of financial services companies.
   

• How much unplanned downtime is costing financial services each year.