*NEW RESEARCH* Banking Sector SITS Trends & Forecasts 2022

In 2021, banking initiatives accounted for the largest proportion of SITS spend of any of the major sectors within UK financial services. The market returned to strong growth after the hiatus of 2020 as demand for technology modernisation and business transformation saw expenditure increase at an almost unprecedented rate.

The events of the past two years appear to have significantly altered the dynamic and, despite the parlous state of the UK economy, prospects remain generally good. Whilst there are a number of other potentially inhibiting factors, growth forecasts throught to 2025 paint an encouraging picture for those vendors with the most in demand offerings.  

Banking Sector SITS Trends & Forecasts 2022 explores the major business and technology trends impacting the  sector and provides detailed forecasts for expenditure through to 2025.

Subscribers to TechMarketView's FinancialServicesViews research stream can download this report now. If you are a SITS vendor or active in the banking sector, this report provides essential reading.

If you do not currently have access to this report but would like to learn more about this, or any other of our financial services content, please contact Deb Seth for more information.

Posted by Jon C Davies at '07:59' - Tagged: banking