Abstract
Introduction
Datamonitor sees significant contrasts between the four
activity areas in terms of banks' focus on internal and external IT spend
especially when analyzing and comparing North American and European IT
spend.
Scope
Forecasts wholesale payments processing spend by internal and
external investment
Internal and external spend forecasts are further
broken down by region, namely Europe and North America.
Highlights
The
overall shift towards external spend in wholesale payments processing will be
driven largely by the payments engines area in Europe, whereas the other three
areas show more of a balanced distribution of growth between external and
internal investments
However, there are significant differences in all four activity areas when
looking at the North American internal and external IT spend. Datamonitor
expects all activity areas in North America to grow, naturally at varying
rates, apart from internal investment on payments engines which is expected to
show negative growth over the coming years.
Reasons to Purchase
Gain visibility on the wholesale payments processing
trends and dynamics in the European and North American banking markets
Gain market insight to assist in your strategic planning and go-to-market
strategy.