A confluence of the above is expected to be the central theme of key strategies that will outline technology implementation initiatives of global financial services firms. Leading the pack would be advanced enterprise mobility solutions delivered via innovative apps that will continue to meet the core objectives of anytime, anywhere access, all while ensuring enhanced interactivity and true-to-life features and functionalities. As the digital ecosystem expands and matures, and gains further momentum on its evolutionary trajectory, providers will feel the need to redefine their enterprise mobility strategies to match the requirements of an ever-changing marketplace.

 Market players would allocate more time and funds towards devising enterprise mobile strategies that are more attuned to gauging emerging consumer needs rather than utilize the conventional reactionary approach. This will entail investments in big data analytics tools and systems that can navigate through the complex architecture of the digital world and utilize advanced algorithms to intelligently decipher critical information about consumers and the marketplace. To stay ahead, market players will also need to assess the advantages enabled by emerging disruptive technologies and if the same can be utilized, as a part of the digital strategy, to positively impact consumer behavior and experiences. 

 Similar to trends in 2013, a significant percentage of IT budgets will be allocated towards meeting the stringent compliance and regulatory standards introduced in U.S. and Europe. Existing IT infrastructure of banks, asset managers, wealth management entities, and energy & commodities trading firms will need to be upgraded, which will move a lot of consulting and technology implementation projects to outsourcing firms in India.

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