A study of technology strategies has found little correlation between financial institutions' spending and profitability.

Basing its analysis on interviews with more than 25 chief information officers at banks and nonbank financial companies, Meridien Research of Needham, Mass., concluded that investments in technology must be more carefully aligned with business strategy.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.