Peter Henning Vages is Senior Consulting in the practice group IT Strategy. He is focussing on the fields of IT outsourcing and IT governance.
The effects of the financial market crisis still manifest themselves in an increased cost pressure for institutions—no easing of the pressure in sight. The continuing low interest phase and the multitude of regulatory requirements force banks to critically review their cost situation on a regular basis. In this context, the focus remains on the IT as a key production factor of financial institutions.