CLIP THIS INQUIRY

Select a group:

Group Name
Create New GroupClip

CLIP THIS FLOW

Select a group:

Group Name
Create New GroupClip

For Application Development & Delivery Professionals

Financial Services Firms Again Seek To Renew Their Application Landscape

Findings From Our Q3 2010 Global Financial Services Architecture Online Survey

November 8, 2010

By Jost Hoppermann with Kyle McNabb, Mike Gilpin, Sander Rose

  • 548 downloads
  • 0 comments
  • Rating:

Why Read This Report

During the summer of 2010, Forrester surveyed 80 IT decision-makers in financial services (FS) firms in Europe, North America, and, for example, Australia, Japan, and South Africa. Our findings show that an overwhelming majority of firms have both budgets and plans to renew their application landscape and core banking platforms. While each region shares a similar interest in core banking, differences in how to serve various channels exist between North America and Europe. Huge budgets, many exceeding €100 million, present no obstacle for a bank's or an insurance firm's renewal plans. With the renewal train re-accelerating, financial services firms need to get their tickets soon to defend their competitive situation.
Tags: Application Architecture, Application Development, Architecture & Technology Strategy, Enterprise Architecture Domains, Enterprise Architecture Strategy and Process, Financial Services
US $ 499
Become A Client

Get objective, pragmatic guidance that helps you make tough decisions and succeed in a complex world. Contact us to learn more.

Already A Client?
Log in to read this document.

TABLE OF CONTENTS

  • If You Have No Plans To Renew Your Application Landscape, You Are Alone
  • Key Drivers Accelerate The End Of Baroque Castles
  • Off-The-Shelf Apps' Maturity Alleviates The Need For Custom Development

  • WHAT IT MEANS

    Firms Need To Review Their Starting Point To Avoid New Baroque Castles
  • Supplemental Material
  • Related Research Documents

TOOLS & TEMPLATES

  • Models & Calculators:

    Participating Firms Represent The Financial Services Industry

  • Models & Calculators:

    A Majority Of Firms Have Begun Or Have Plans To Renew Their Application Landscape

  • Models & Calculators:

    Nearly Three-Quarters Of Respondents Believe Their Firm Needs A Major Renewal

  • Models & Calculators:

    The Top Five Drivers For The Renewal Of The Application Landscape

  • Models & Calculators:

    The Focal Points And Capabilities Firms Are Seeking To Support Their Drivers

  • Models & Calculators:

    Budget Estimates Exceed €350 Million

  • Models & Calculators:

    In-House Development Is Not The Major Source Of Functionality Anymore

 
Loading...

Browse

About Forrester

Forrester Research, Inc. is an independent research company that provides pragmatic and forward-thinking advice to global leaders in business and technology.

Roles We Serve

Forrester supports leaders in 13 roles across three distinct client segments: Business Technology, Marketing & Strategy, and Technology Industry.

Analysts & Coverage Areas

Aligned to your professional role, Forrester's analysts are experts in the specific technologies, issues, and trends currently impacting your business.

Research
Latest Reports
Playbooks
Charts & Figures
Forrester Waves
Planned Research
Data
Consumer Data
Business Data
Events
Forums
Webinars
Workshops
Tools & Templates
Vendor Selection Aids
Best Practice & Self-Assessments
Models & Calculators
Document Templates

Forrester Leadership Boards

Fresh thinking and collaborative problem-solving through an unmatched combination of peer networking, forward-looking analysis, and professional guidance.

Consulting

Our expert analysts provide custom research-based frameworks to guide you through each phase of your critical business initiatives from identifying opportunity to optimizing results.

Community

Connect with peers and analysts, share your views, and ask questions on key business issues.

Blog

Forrester analysts weigh in on the latest business and technology news.

  • BROWSE
  • Register
  • Call +1 617.613.5730
  • Cart