94% of financial institutions expect data spending to increase in 2025

Financial institutions are bracing for increased data budgets in 2025, driven primarily by cloud infrastructure and AI technologies. Nearly 94% of financial institutions expect their data management budgets to increase, according to a Dec. 9 report, “Digital Alarm for Financial Institutions,” from Gresham Technologies, a London-based data services provider. Gresham surveyed 200 senior data professionals working in financial services (…)