Return to spender: How financial institutions can better understand their IT investments and get more out of them.

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01/21/2014 by Financial Services Institute
Return to spender: How financial institutions can better understand their IT investments and get more out of them.

At a glance

Financial institutions have spent heavily to improve their technology capabilities but are still left questioning the value they are getting from IT.

Financial institutions have spent heavily to improve their technology capabilities but are still left questioning the value they are getting from IT. Of the annual 6% to 7% of revenue invested in IT, only a very small fraction is spent ensuring that organizations maximize their investment. Financial institutions still don’t know if they are getting the most out of their investments. Isn’t it time to know?