Ovum Forecast: IT spending to Hit $90 billion by 2015
London-based independent technology analyst firm Ovum believes IT spending by capital markets firms will rise to almost $90 billion by 2015, driven by strong growth in the Asia-Pacific region and what it calls a "bounce-back" in the hedge fund sector.
In a new forecast, Financial Markets Technology Spending Through 2015, Ovum finds that Asia-Pacific will see some of the strongest growth in financial markets IT spending, as global companies continue to transfer power to the region due to its
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