For Enterprise Architecture Professionals (Length: 18 pages)November 13, 2007 European Financial Services Apps Show New Focus And PaceRenewal Of The Application Landscape Accelerates — And Gets ExpensiveThis is the first document in the "European Financial Services Architecture Strategy" series. with Gene Leganza, Matthew McCormack, Olesia Klevchuk Executive Summary (This is a document excerpt)In the first half of 2007, Forrester surveyed enterprise architects, IT planners, and IT strategists in European financial services firms to get their take on the current state of architecture strategy. The survey yielded three key findings: 1) the clear majority of European financial services firms are working on or planning for renewal — even more so than in 2005; 2) the key initial focal points for renewal have not changed but are more tactical; and 3) renewal budgets are as enormous as predicted.
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