EMEA financial services providers to outsource $46.2 bln worth of IT in 2005

EMEA financial service providers (FSPs) are expected to spend $46.2 bln on IT services 2005, Gartner claims.

EMEA financial service providers (FSPs) are expected to spend $46.2 bln on IT services 2005, Gartner claims. However, less than 30% of these firms will outsource any strategic projects by the end of 2006.