In the current climate most firms are focusing on either cost containment or targeted investment.
As a consequence it has never been more important for senior management to truly understand and control their company’s expenditure, particularly when it comes to those costs associated with their technology.
It should be no surprise that technology is one of the first areas to get serious attention when any form of cost review is mentioned, as it frequently represents around 20% of any Investment firm’s expenditure, usually making it the largest single cost centre. It is fundamental that an organisation truly understands in sufficient detail, the costs associated with the different services provided by its technology group, and where, within the organisation, those services are utilised.
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