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1502 Results from 2008

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Financial services IT spending set for modest growth - Celent

The latest research from Celent shows that IT spending by global financial services institutions slowed in 2007 to stand at US$342.1 billion, a year-to-year increase of 5.9% but substantially lower than the 8.7% growth achieved in 2006.

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Finextra50 ends 2007 down 4.65% since benchmark

The Finextra50 Financial Technology Index held steady over the final two weeks of December, finishing the year at 95.35 despite big falls for ACI Worldwide and Gresham Computing.