Bank Technology Analysis: Getting Into the Upper Right-Hand Quadrant
Report Summary
Bank Technology Analysis: Getting Into the Upper Right-Hand Quadrant
Underfunded technologies in need of attention can complement banks’ prioritized capabilities.
Boston, March 26, 2015 – Selling technology to banks is difficult for technology evangelists within banks and software vendors alike. Banks’ technology buyers have competing objectives, and not all technology priorities will receive sufficient funding or attention. But can identifying the priorities most likely to receive funding and attention from senior management actually tell software vendors and internal technology champions how to get their products and lines of business to the top of banks’ lengthy technology to-do lists?
This piece is based on a 2014 telephone and online survey of senior IT executives at large banks around the world. It can help software vendors understand how best to convey their technologies’ potential value to banks; similar insights are also available to technology champions within banks who want to see their lines of business benefit from new technology deployments.
This 18-page Impact Note contains four figures and four tables. Clients of Aite Group’s Wholesale Banking & Payments or Retail Banking & Payments services can download this report.