Last year at midyear, Money Management Executive found that 16% of executives expected that their fund firms would increase technology spending by 5% through the end of 2011, compared to 2010.
Another 26% expected increases of 1% to 4%. And 15% said they expected no change in the amount of spending their firms would make on technology for either operations or use by employees.
That was at a time when the gross domestic product of the United States was increasing at an annual rate of 1.8%.
This year, in the first quarter, the economy grew 2.2% in the first quarter. Whether technology spending will step up again remains to be seen.
That's where you come in. The 2012 edition of the Money Management Executive technology spending survey is now online.
This is your chance to express how your company is increasing its return on its investment in technology, putting bucks where customers get served better and new ones get attracted to your funds.
Along the way, you might earn a return for yourself: a $250 Amazon gift certificate.
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Thank you.
