Tech Spending to Pick Up in 2011. Thank Regulators. (Information Management)

This is further coverage of my recent research report.  Regulations are causing a headache for much of the industry, but the flip side will be all of the resulting business for consultants, tech firms, lawyers, etc.

“The OTC derivatives market is in for revolutionary rather than evolutionary change,” said analyst and author Kevin McPartland.

The top 15 banks will spend a further $290 million on technology to ensure more efficient workflow processes to replace existing systems, the report revealed.

Read the full article here.

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