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Budgets news from FierceFinanceIT

News

IT budget "recession" to last two more years

The latest from the bank IT budget wars: 72 percent of North American bank technology executives expect their budget to stay the same or decrease in 2010, which is about the same situation they found... Read more...

Credit card regs to hit IT budgets

We've noted before that big regulatory changes often have a seismic impact on the IT infrastructure at various companies. Reg NMS and Reg SHO are two great examples of this. With overhauled credit... Read more...

IT spending to drop further?

The economy is not making it easier for financial services firms to boost their IT budgets. While people talk about green shoots, we're also seeing some reports that tech spending this year may be... Read more...

Banks' core systems ailing in credit crunch

Before the credit crunch really hit home, lots of banks were considering upgrading their core systems. That may be mere wishful thinking now. The reality is that banks are stuck with their current... Read more...

Another look at bank IT spending in 2009

In the latest forecast of IT spending, Datamonitor predicts that global banking technology market will decline by almost 2 percent in 2009, with the greatest cuts coming in the European and North... Read more...

Is this really a tipping point for ERM?

The idea of better risk management at top financial services firms ranks high on the list of topical issues. From regulators, to politicians, to directors and executives, lip service is being paid.... Read more...

High stakes for Smith Barney-Morgan Stanley

When it comes to high profile financial services mergers, the IT integration is often of paramount importance. In some cases, the synergies and savings that were promised to shareholders depend on a... Read more...

Wall Street IT spending to rise

The conventional wisdom as of late has been that IT budgets would take a hit across Wall Street. What with the credit crunch and all? But that may not be the case at more than a few companies,... Read more...

Internal risk metrics to be big business?

As if you haven't already heard this: risk management and transparency are going to be big issues this year. This is one of the few areas where IT budgets might actually grow. Which presents a big... Read more...

Press Releases

Personal Financial Management Tool Usage Trails Consumer Interest, Fiserv Research Shows

Current usage higher when PFM tools are part of a financial institution’s online banking service BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), the leading global provider of Read more >>

Hays Reveals Over Half of Employers Welcome Flexible Working Legislation Despite Extra Cost

Hays has released new research that shows the majority of employers would welcome new legislation requiring them to offer flexible working options to all employees.LONDON, Aug. 5 /PRNewswire/ -- Read more >>

Recovery Watch Maryland: Loss of Federal Funds Throws State Budget, Education and Public Safety Off a 'Cliff'

Estimated 2500 Jobs at Risk in Schools, State and Local Governments BALTIMORE, July 22 /PRNewswire-USNewswire/ -- Recovery Watch Maryland is releasing its July Monthly Monitor this week concerning Read more >>

Salary Survey Projects Modest Increases for 2011

NEW YORK, July 13 /PRNewswire/ -- U.S. salary increase budgets remain historically low, but projections for 2011 show a modest increase, according to The Conference Board annual salary increase Read more >>

Research and Markets: U.S. Sourcebook of R&D Spenders

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/15fb9b/u_s_sourcebook_of) has announced the addition of the "U.S. Sourcebook of R&D Spenders" report to Read more >>