IDC Financial Insights Releases Top 10 Predictions for EMEA Banking in 2010
IDC Financial Insights has released its top 10 predictions for the European, Middle Eastern, and African (EMEA) banking industry in 2010.
Rachel Hunt, director for EMEA banking research, said: “Banks that started transformation projects three years ago will be better placed to compete in the future, while small institutions need to understand that few will survive the greatest market dislocation we have ever seen, without considerable review of their operating models. 2010 will be the year of intelligence as a competitive differentiator, as they tackle regulation, increasing audit and transparency requirements, and new competitors.”
Focus, transparency, and resolve will continue to be the guidelines for 2010, as banks tackle continued economic and financial strain. As the cost of doing business increases, banks that can harness information to deliver real intelligence will lead the pack. IDC Financial Insights’ top 10 predictions for EMEA Banking in 2010 are: