Global ICT solutions provider Fujitsu claims that almost two-thirds of the IT leaders and decision-makers in financial services anticipate that their budgets will increase within the next three years.
Improved market conditions and changing infrastructures are two factors influencing the widely expected increase in expenditure.
The research was announced at the Fujitsu World Tour, which made its way to Ireland for the first time this year at The Convention Centre in Dublin. The findings covered areas such as retail banking, investment banking and insurance.
‘ICT is a fundamental component of the financial services industry and with over 500 financial services firms here in the IFSC, the work of companies such as Fujitsu Ireland is playing an ever-increasing role within the sector,’ said John Bruton, president of the IFSC Ireland.
‘Ireland has become a global leader for the IT industry and events such as the Fujitsu World Tour are very important in bringing together global thought leaders and further showcasing Ireland as a place to do business.’
