TITLE

Banks' IT Spending Hikes To Be Stingy in New Year

AUTHOR(S)
Adams, John
PUB. DATE
January 2010
SOURCE
American Banker;1/4/2010, Vol. 175 Issue 1, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the technology budgets of U.S. banks for 2010. Some information technology directors were trying to make up for technology staff cuts in 2009, which slowed the deployment of many projects and increased the rate of project failure. Necessary and overdue upgradings of legacy systems were expected to take precedence over innovations.
ACCESSION #
47270371

 

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