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

January 11, 2018

US Small Companies

US Small Companies

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

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