Risk research: Almost 60% see increased IT spend in 2013
Spending on IT systems is still rising to meet new regulatory demands, with credit risk growing as a priority. Michael Watt reports
Despite low trading volumes, regulatory upheaval and large cutbacks in personnel, expectations of continued technology spending are only slightly lower than last year. Almost 60% of respondents to the Risk technology survey plan to increase investment in IT systems in the next 12 months – a few percentage points fewer than the figure recorded in the December 2011 survey (see the full results via the link at the end of this article).
This slight drop notwithstanding, the proportion of respondents
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