Budgets news from FierceFinanceIT

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...

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...

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...

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...

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...

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...

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...

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...

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...