Ovum Report Indicates Cautious Optimism for 2011

Technology spending across the financial services industry is set to return to solid growth during 2011 as companies look to improve performance and comply with new regulations, according to a recently published report carried out by UK-based technology analyst, Ovum.

According to the paper, 2011 Trends to Watch: Financial Markets Technology - Dealing with Volatility and Regulation, technology spending by financial services firms will grow by 4.5 percent during 2011, which, when compared with 20