For this year’s CIO Finance Summit, CDM Media pulled together some of the most engaging and innovative CIOs and IT executives from the finance industry to form the CIO Content Development Committee. This year’s committee members include:

  • Harvey Koeppel, Executive Director, Center for CIO Leadership, CIO Finance Summit Master of Ceremonies and CIO Content Development Committee Chairman
  • Duane Good, EVP, Head of Risk Systems Infrastructure, HSBC North America
  • Sudhir Nair, SVP, Business Technology, Bank of America
  • H.P. Bunaes, SVP, Director, Risk Management Information and Technology, Sun Trust Bank
  • Paul Jameson, Global Director for Financial Industry, Cisco Systems

The CIO Content Development Committee plays a critical role in determining the topics that are discussed at the CIO Finance Summit. An end-user driven agenda ensures that all CIO and technology executive attendees will get critical information from the event’s panel discussions, workshops, and case studies.

So, a big welcome and thank you to all of this year’s CIO Finance Summit Content Development Committee members. We’re looking forward to a great event!

For more information about the technology event, go to the CIO Finance Summit site.

For more information about the committee, check out the CIO Content Development Committee flyer or the latest press release.

According to a recent survey conducted by CDM Media, CIOs and IT executives in the banking industry will focus on making technology investments more efficient in the next 24 months.

The survey, which was taken by 40 CIO Finance Summit attendees throughout the months of July and August of 2009, revealed that 85 percent of attendees plan to improve the ROI on their technology purchases. Attendees represented large to mid-size banks in North America.

Even though the economy is beginning to recover from the recession, it seems that technology executives in the banking industry are resolved to “make it do” (as the Great Depression adage goes), as opposed to replacing existing technology.

Other long term goals, as indicated by the survey, include improving business continuity by minimizing disruptions, and managing risks. Sixty and 65 percent, respectively, of survey participants indicated that they plan to focus on these initiatives over the next 24 months.

Despite this focus on improving ROI, IT executives in the banking industry do plan to implement some new technologies. Over the next 2 years, almost 50 percent of all survey respondents plan to implement mobile banking technology at their organizations; while 45 percent plan to implement virtual servers/virtualization technology.

Thirty-two percent of these CIOs and IT executives, reported that their 2010 IT budget has increased from last year. Thirty percent reported a budget decrease, while twenty-two percent reported that their budget will remain the same.

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Do these survey results reflect your organization’s future IT plans?