Budget shifts this year will encompass room for IT spending

Budget shifts this year will encompass room for IT spending

While we await new trends that will take hold this year, as always there will be a few that gained such heavy traction in the past year that you will continue to see and hear about them more than ever. One in particular that is already standing out in 2014 encompasses efforts surrounding risk and compliance, both timeless necessities in any business in today’s digital age. 

Whether you are in the legal industry, finance, insurance or CPG, risk and compliance will prove to be top of mind for the next 12 months. In fact, a number of information technology (IT) budget guides have already revealed that risk and compliance efforts will continue to dictate what IT projects will be incorporated at capital market firms in 2014. The guides focus particularly on banking, capital markets and insurance. 

Contributing Author

Stefanie Mosca

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