wealthbot.io asks the questions, is fintech ready for open source?
The last slide answers the question, why open source in wealth management?
Learn more: http://wealthbot.io/
2. $196.7 billion
Total bank IT spending across North America, Europe, and Asia-Pacific will grow to US$196.7 billion in 2015
- IT Spending in Banking: A Global Perspective, Celent
3. 92%
Study of 542 developers revealed 92% were using open source software to develop (mobile) apps.
- Forrester Research Study, sponsored by Black Duck
4. 78%
78% of respondents saying their companies run part or all of their operations on OSS
- 2015 Future of Open Source Survey, North Bridge
5. 28%
28% was all the unique code needed for a bank to develop its latest trading application.
- Open Source Drives Innovation in Financial Services, BearingPoint
-
6. $66 billion
42 million households, for $66 billion in annual revenues, are prime candidates for virtual financial advice
- The Virtual Financial Advisor: Delivering Personalized Advice in the Digital Age, McKinsey