*New Research* UK Financial Services Market Trends and Forecasts 2020

SITS spend within UK financial services has enjoyed two consecutive years in which growth exceeded 4%, with the market having risen to £13.1bn by the end of 2019. Prior to the advent of the coronavirus, transformation initiatives were fuelling demand and the pace of change was gaining momentum across the industry.

Whilst COVID-19 has had a negative impact on headline growth it has also led to a re-evaluation of technology roadmaps. Despite the short-term hiatus, there has been increased recognition of the imperative to embrace digital innovation and business process transformation.

Subscribers to FinancialServicesViews can explore a detailed analysis of the latest trends in UK Financial Services SITS - Market Trends and Forecasts 2020. This comprehensive analysis of the prospects for growth provides detailed forecasts for SITS spend, including an examination of each of the industry's main vertical segments.

If you are not already a subscriber and would like to gain access to this report please contact Deb Seth for more information.

Posted by Jon C Davies at '07:00' - Tagged: financialservices   insurance   banking   financialmarkets