Security and Redundancy Raise Financial Services Costs, Says Gartner

SPECIAL REPORT

NEW YORK--Gartner Group research director Kurt Potter says that a good deal of the spending taking place in financial services is caused by redundancy of systems, security and safety, according to the findings of Gartner's IT spending survey.

The survey, which is conducted every year by the Gartner Group, assesses technology spending for all major industry sectors. The survey is further broken down into the specific niches of non-deposit banks and securities brokerages.

According to the survey

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