Tag Archives: 2010

Top 10 Companies In The Uk Retail Banking Industry: It Spending Predictor 2010

This databook provides estimates of IT spending for the top 10 companies in the UK Retail banking industry. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel. The databook also provides information on the IT contracts of these companies where available.

Scope of the report

* Our view of the top 10 companies in the UK Retail banking sector in terms of IT spending
* A breakdown of the estimated IT budget by technology for each of the top 10 companies
* A breakdown of the estimated IT budget by channel for each of the top 10 companies
* Details of IT services contracts by company where available

Highlights

The top 10 companies in the UK retail banking industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 30% of the IT budgets among these firms. This was followed by spending on hardware and software.

Among the top 10 companies, a major portion of IT spending is allocated to internal IT. Internal IT alone accounted for approximately 28% of the total estimated IT spending by these companies. HSBC Holdings plc remained the leading company in terms of IT spending, followed by HBOS plc and Royal Bank of Scotland Group PLC.

Reasons to Purchase

* Gain insight into IT budget breakdown of top10 companies in UK retail banking industry and identify notable areas of allocation
* Identify organizations with top IT expenditures in your target markets
* Leverage IT spending pattern information to tailor account targeting based on company demographics

Table of Contents :
TABLE OF CONTENTS
Catalyst 1
Summary 1
LIST OF FIGURES 5
LIST OF TABLES 7
INTRODUCTION 11
Reasons to purchase 11
Definitions 11
UK RETAIL BANKING INDUSTRY: ESTIMATED SPENDING ON IT 14
Overview 14
Estimated spending by technology segment 16
Estimated IT spending by channel 18
HSBC HOLDINGS PLC 20
Budget overview 20
HSBC Holdings plc, estimated spending on IT 21
HSBC Holdings plc, estimated IT spending by channel 25
HSBC Holdings plc, IT contracts 27
HBOS PLC 33
Budget overview 33
HBOS plc, estimated spending on IT 34
HBOS plc, estimated IT spending by channel 38
HBOS plc, IT contracts 40
ROYAL BANK OF SCOTLAND GROUP PLC 47
Budget overview 47
Royal Bank of Scotland Group PLC, estimated spending on IT 48
Royal Bank of Scotland Group PLC, estimated IT spending by channel 52
BARCLAYS PLC 54
Budget overview 54
Barclays PLC, estimated spending on IT 55
Barclays PLC, estimated IT spending by channel 59
Barclays PLC, IT contracts 61
BARCLAYS BANK PLC 69
Budget overview 69
Barclays Bank PLC, estimated spending on IT 70
Barclays Bank PLC, estimated IT spending by channel 74
GE MONEY 76
Budget overview 76
GE Money, estimated spending on IT 77
GE Money, estimated IT spending by channel 81
GE Money, IT contracts 83
THE ROYAL BANK OF SCOTLAND PLC 88
Budget overview 88
The Royal Bank of Scotland plc, estimated spending on IT 89
The Royal Bank of Scotland plc, estimated IT spending by channel 93
HSBC BANK PLC 95
Budget overview 95
HSBC Bank plc, estimated spending on IT 96
HSBC Bank plc, estimated IT spending by channel 100
RETAIL DIRECT 102
Budget overview 102
Retail Direct, estimated spending on IT 103
Retail Direct, estimated IT spending by channel 107
LLOYDS TSB BANK PLC 109
Budget overview 109
Lloyds TSB Bank plc, estimated spending on IT 110
Lloyds TSB Bank plc, estimated IT spending by channel 114
APPENDIX 116
Methodology 116
Further reading 117
Disclaimer 119

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Retail Banking Competitor Tracker – July 2010 – Market Research Report On Aarkstore Enterprise

Introduction

Datamonitors Retail Banking Competitor Tracker is a monthly product providing updates on key events relating to major players in retail banking across the globe. Covering major developments such as M&A activity, market entries and withdrawals, partnerships, product innovation, and customer targeting, the Retail Banking Competitor Tracker provides succinct summaries of key stories.

Scope

*Information on new product developments, mergers and acquisitions, distribution and partnerships

*Insight on how the major retail banks are adapting to the ever changing economic climate

Highlights

Several banks announce launch of mobile phone banking platforms.

RBS sells Indian retail arm to HSBC.

Bank of China continues to develop partnerships with Western banks.

Reasons to Purchase

*Provides a definitive source of information on all your competitors key strategies

*Offers insight into how the competitive landscape is evolving through M&A activities, partnerships and organic growth

*Detailed insight into new product developments within retail banking

Table of Contents :

Overview 1
Catalyst 1
Summary 1
Methodology 1
TABLE OF CONTENTS 2
Introduction 3
This tracker provides both one-month and 12-month views of developments 3
Each month Datamonitor tracks the most relevant announcements from 100 competitors 3
Datamonitors Retail Banking Team provides analysis of the key developments at both the one-month and 12-month level 4
A fully searchable database of the past two years of developments is also delivered alongside the report 4
Products, Services and Innovation 5
Barclays 5
UK: Barclays provides students with overdraft facility 5
BBVA 5
Spain: BBVA offers smart phone application to Xacobeo 2010 pilgrims 5
Citibank 5
Mexico: Banamex opens online shopping center 5
Malaysia: Citibank launches mobile banking platform in Malaysia 6
Taiwan: Citibank Taiwan launches mobile banking platform 6
The Cooperative Financial Services 7
UK: Cooperative Bank halves mortgage fees 7
First Direct 7
UK: First Direct introduces one fee for all of its products 7
First National Bank 7
South Africa: FNB introduces Pay Wallet 7
South Africa: FNB provides its customers with free online security 8
Oversea-Chinese Banking Corporation 8
Singapore: OCBC to offer banking services on iPad 8
State Bank of India 9
India: SBI prepares for paperless banking 9
India: SBI to continue with home and car loan scheme 9
Yorkshire Building Society 9
UK: Yorkshire provides mortgages of up to 90% LTV 9
M&A, Partnerships and Organic Growth 10
ABN Amro 10
The Netherlands: ABN Amro restructures business after merger 10
Bank of China 10
China: Bank of China enters into strategic alliance with Asian Development Bank 10
Bank of Ireland 10
Ireland: Bank of Ireland receives restructuring approval from the European Commission 10
BNP Paribas 10
France: BNP Paribas enters into alliance with BPCE Group 10
Commerzbank 11
Germany: Commerzbank finalizes the sale of Dresdner Bauspar and Kleinwort Benson 11
Industrial and Commercial Bank of China 11
Canada: Bank of East Asia changes its name to ICBC 11
Piraeus Bank 11
Greece: Piraeus plans to acquire stake in Agricultural Bank of Greece 11
Royal Bank of Scotland 12
India: RBS to sell its Indian retail arm to HSBC 12
State Bank of India 12
India: SBI and State Bank of Indore merger approved by cabinet 12
Appendix 13
Methodology 13
Further reading 13
Ask the analyst 13
Datamonitor consulting 13
Disclaimer 13

List of Tables
Table 1: The 100 companies and subsidiaries covered by Datamonitors Retail Banking Competitor Tracker 3

For more information please visit :

http://www.aarkstore.com/reports/Retail-Banking-Competitor-Tracker-July-2010-62620.html

Aarkstore Enterprise specialize in providing online market business information on market research reports, books, magazines, conference booking at competitive prices, and strive to provide excellent and innovative service to our customers.

Top 10 Companies in the US Retail Banking Industry: IT Spending Predictor 2010

This databook provides estimates of IT spending for the top 10 companies in the US Retail banking industry. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel. The databook also provides information on the IT contracts of these companies where available.

Scope

*The top 10 companies in the US retail banking sector in terms of IT spending

*A breakdown of the estimated IT budget by technology for each of the top 10 companies

*A breakdown of the estimated IT budget by channel for each of the top 10 companies

*Details of IT services contracts by company where available

Highlights

The top 10 companies in the US retail banking industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 30% of the IT budgets among these firms. This was followed by spending on hardware and software.

Among the top 10 companies, a major portion of IT spending is allocated to internal IT. Internal IT alone accounted for approximately 28% of the total estimated IT spending by these companies. Bank of America Corporation remained the leading companies in terms of IT spending, followed by JP Morgan Chase & Co and JPMorgan Chase Bank, N.A.

Reasons to Purchase

*Gain insight into IT budget breakdown of top10 companies in US retail banking industry and identify notable areas of allocation

*Identify organizations with top IT expenditures in your target markets

*Leverage IT spending pattern information to tailor account targeting based on company demographics

Table of Contents :
OVERVIEW 1
Catalyst 1
Summary 1
INTRODUCTION 9
Reasons to purchase 9
Definitions 9
US RETAIL BANKING INDUSTRY: ESTIMATED SPENDING ON IT 12
Overview 12
Estimated spending by technology segment 14
Estimated IT spending by channel 16
BANK OF AMERICA CORPORATION 18
Budget overview 18
Bank of America Corporation, estimated spending on IT 19
Bank of America Corporation, estimated IT spending by channel 23
JP MORGAN CHASE & CO 25
Budget overview 25
JP Morgan Chase & Co, estimated spending on IT 26
JP Morgan Chase & Co, estimated IT spending by channel 30
JPMORGAN CHASE BANK, N.A. 32
Budget overview 32
JPMorgan Chase Bank, N.A., estimated spending on IT 33
JPMorgan Chase Bank, N.A., estimated IT spending by channel 37
CITIGROUP INC. 39
Budget overview 39
Citigroup Inc., estimated spending on IT 40
Citigroup Inc., estimated IT spending by channel 44
Citigroup Inc., IT Contracts 46
BANK OF AMERICA, N.A. 48
Budget overview 48
Bank of America, N.A., estimated spending on IT 49
Bank of America, N.A., estimated IT spending by channel 53
WELLS FARGO & COMPANY 55
Budget overview 55
Wells Fargo & Company, estimated spending on IT 56
Wells Fargo & Company, estimated IT spending by channel 60
WELLS FARGO BANK, N.A 62
Budget overview 62
Wells Fargo Bank, N.A, estimated spending on IT 63
Wells Fargo Bank, N.A, estimated IT spending by channel 67
STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY 69
Budget overview 69
State Farm Mutual Automobile Insurance Company, estimated spending on IT 70
State Farm Mutual Automobile Insurance Company, estimated IT spending by channel 74
WACHOVIA CORPORATION 76
Budget overview 76
Wachovia Corporation, estimated spending on IT 77
Wachovia Corporation, estimated IT spending by channel 81
Wachovia Corporation, IT Contracts 83
ALLSTATE CORPORATION 87
Budget overview 87
Allstate Corporation, estimated spending on IT 88
Allstate Corporation, estimated IT spending by channel 92
APPENDIX 94
Methodology 94
Further reading 95
Disclaimer 96

For more information please visit :

http://www.aarkstore.com/reports/Top-10-Companies-in-the-US-Retail-Banking-Industry-IT-Spending-Predictor-2010-61637.html

Aarkstore Enterprise specialize in providing online market business information on market research reports, books, magazines, conference booking at competitive prices, and strive to provide excellent and innovative service to our customers.