Most of Canada's largest financial services firms have and will continue to invest heavily in IT projects for the foreseeable future to garner more customers and stay ahead of the compliance and regulation curve.

According to a new study released this week by Boston-based research and consulting firm Aite Group, 53% of executives at 21 major Canadian asset-management firms said that increasing their focus on enterprise data management was either a "major" or "appreciable concern" and 29% of those surveyed indicated their IT priorities will be centered around improving transaction processing speed.

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