The pressure on financial services organisations has been ramping up around the world and the Asia-Pacific region is no exception. In fact, we've been seeing repeated calls for a more robust approach to operational resilience and new regulations have been announced in some key markets in the region.
Financial institutions forgo critical IT spend: A global survey on operational resilience
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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.
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