A Look Ahead to the Capital Markets in 2013

The Eurozone crisis is far from over, the fiscal cliff is top of the headlines and industry revenues continue to decline. Adding to their collective headache, financial organizations are dealing with flat IT budgets while striving to innovate in today’s ultra-competitive market. But there are a host of bright spots in the financial technology world. Here is a look at Wall Street & Technology’s take on the key issues that will shape the industry in 2013.
December 21, 2012


9. Business Sourcing Gains Traction

With flat IT budgets and declining revenues, many financial firms are redefining what they consider a core competency that must remain in-house and what can be outsourced.

Ed’s note: It’s no longer just about accounting and payroll: firms are now also considering moving purely technology-focused processes to third-party providers.

[Check out the story here.]

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