Issues surveyed at the forum comprised some of the key industry trends for
2004. Key findings of Fundtech's survey include:
- 53% of the respondents expect to increase their spending on outsourced applications and processing over the next three years. This is consistent with recent research from TowerGroup that projects outsourcing in the payments segment to increase significantly faster than the overall industry with a predicted growth rate of 6.5%.
- 45% of the respondents see Real-Time Nostro as the initiative with the biggest impact on their business in the long term.
- 57% of the respondents are planning to use SWIFTNet beyond
traditional FIN messages as of 2004/05. This could include cash reporting
and FIX Services.