Bankers' Technology Desires in Different Regions: Around the World in 23 Pages
Report Summary
Bankers' Technology Desires in Different Regions: Around the World in 23 Pages
Differing cultures, competition, and experiences of the global financial crisis drive banks' technology approaches.
Boston, January 8, 2015 – Although banking is a straightforward business, each geographic region has widely varying conditions that give rise to different customer preferences, credit issues, and operational threats. Banks in North America; Europe, the Middle East, and Africa; and the Asia-Pacific all engage in similar activities but approach technologies differently. If vendors understood that bankers in the Asia-Pacific are far more likely than their global counterparts to invest in satisfactory technologies, for example, they would be better able to determine which products to sell and how to position them in each market.
This Aite Group report, based on a 2014 online and telephone survey of senior IT executives at large banks, identifies and explains how banks in different regions vary in their approaches to technology and can help to guide vendors and banks looking to expand into these regions.
This 23-page Impact Report contains five figures and five tables. Clients of Aite Group's Wholesale Banking & Payments or Retail Banking & Payments services can download this report.