*NEW RESEARCH* UK Financial Services SITS - Suppliers, Trends and Forecasts

The unprecedented nature of the pandemic has tested the operational resilience of the UK financial services industry and the technology sector like never before. Many individuals and firms have experienced the loss of colleagues and/or family members. Meanwhile, against this tragic backdrop, the impact of the pandemic has also served to accelerate the pace of change across the industry.

Following a period of sustained growth, SITS spend within UK financial services contracted during 2020 with total expenditure down 1.1%. However, growth will return during 2021, as changed priorities and a widespread recognition of the transformation imperative help to drive increased activity. Meanwhile, with the sector becoming increasingly focused on business change, there have been winners and losers across the supplier landscape.

Subscribers to FinancialServicesViews can learn more via UK Financial Services SITS - Suppliers, Trends and Forecasts 2021. This report analyses the business and technology trends impacting UK financial services and includes TechMarketView’s detailed forecasts for SITS spend within the industry. The analysis also provides a ranking (by revenue) of the Top 20 vendors and examines the varying fortunes of this cohort.

If you are not already a subscriber to FinancialServicesViews, but would like access to this new research, please contact Deb Seth for more information.

Posted by Jon C Davies at '09:19' - Tagged: insurance   banking   financialmarkets   wealthmanagement