salaries (2)

26 January 2011

Paul Clarke from eFinancialCareers

Spending on risk management technology continues to be a priority for investment banks going into 2011. But, with salaries for IT professionals in this area already on the increase, firms are looking outside of the financial sector for expertise.

Yet more IT dollars will be gobbled up by risk management projects within investment banks this year, as they look to align their risk management with business strategy and investment operations. The up

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Business and IT staff at Europe's financial institutions want more emphasis placed on risk management, with just a quarter confident that their existing IT systems are capable of using stored data to provide a full analysis across all business units, according to research commissioned by Oracle.

The survey of 228 business professionals and 222 IT staff in financial institutions across Europe, conducted by Vanson Bourne, indicates that existing IT systems are unable to deliver what businesses
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