January 05, 2009

As their organizations experience the pressures of the economic downturn, bank technology executives surely will face austerity in the coming year. CIOs will be charged with keeping IT investment under control, but also will have to do some savvy prioritizing to address expanded regulatory and risk management requirements, as well as new customer service and retention needs. BS&T asked a number of executives from the technology solutions community to offer their forecasts as to the key challenges bank IT executives will face in the coming year, as well as likely areas of IT investment.

ABOUT THE AUTHOR
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & ...