Banks plan to up tech spend

- By FX Markets Staff
- @FXMarkets_
- 24 Nov 2008

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The increased spend reflects initiatives to deploy technology to improve liquidity and credit risk management. Of those polled, 35% said they would spend the same amount as this year, while 15% indicated plans to cut tech spend next year.

By contrast, the same poll of buy-side delegates revealed only 20% plan to spend more on technology next year versus this year. The same amount plan to cut tech spend next year while 60% of respondents will spend the same.

"We are seeing a demand for using the

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