Trends in IT

According to a recent research conducted by McKinsey, into the IT
operations of banks in Europe, Asia, and Latin America identifies
practices that help growing and established institutions get the most
out of their technology investments.


McKinsey report stated 2 main important points -


1. Some measures that bank managers assume are important, such as scale
and levels of IT investment, turn out to be less critical.

2. Far more important is the way a bank’s IT unit forms its technology
strategy together with the business. Leading banks also take a more
disciplined approach to IT architecture, create standardized platforms,
and wring more business value from technology investments.


Source: McKinseyquaterly.com


-Navtej Kohli