target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Presentation - Doc Document number: # US49869323
Industry Analysis Perspective: Worldwide Financial Services, 2023
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Abstract
This IDC Market Presentation is designed to provide technology sellers' sales and marketers as well as product and channel managers with foundational insightinto the global financial services industry (FSI) landscape in 2023. By understanding how the business side operates, tech sales leaders, tech marketing leaders, and product and channel managers will more clearly see which areas their technology products and services can truly add value to a financial institution.
Through this report, readers will gain a comprehensive understanding of the business components and workings of the worldwide financial services industry in 2023 and their resulting impact on IT strategies. They will have a very strong idea about the industry, how it works, who the major players are, and where the industry is heading.
"The financial services industry is dynamic and constantly evolving to meet changing regulatory requirements as well as consumer needs. The current investments in infrastructure modernization will quickly give way to more advanced digitalization initiatives, leveraging cloud, AI, and big data and analytics (BDA). There are significant opportunities for the technology seller that is willing to make the investment and understand the nuances of the market," says Abhishek Kumar, Associate Research Director, IDC Financial Insights.