Monica Summerville - Profile and Journalist Details
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Monica Summerville
Verified
Capital Markets Technology Research Head, Celent
London
Beats
Politics , Economy , Sports
Content
By Cubillas Ding, Monica Summerville| Celent@ Early results from our IT Dimensions 2025 survey show that IT budget growth is accelerating as firms balance the need for efficiency against a desire for transformational change. Last year’s Dimensions Survey indicated a drive toward regulatory compliance and cyber resilience, as well as improving agility and scale. We expect this trend to continue with the implementation of new regulations, such as DORA, in 2025.
By Monica Summerville| Celent@ Celent has been covering the technology impacts of the increased interest in private assets investing for some time now. This trend has its roots in the aftermath of the Great Financial Crash when lower interest rates drove institutional investors to find higher yields/returns. The story has continued and despite higher interest rates, allocation to this asset class continues to grow.
By Cubillas Ding, Monica Summerville| Celent@ Early results from our IT Dimensions 2025 survey show that IT budget growth is accelerating as firms balance the need for efficiency against a desire for transformational change. Last year’s Dimensions Survey indicated a drive toward regulatory compliance and cyber resilience, as well as improving agility and scale. We expect this trend to continue with the implementation of new regulations, such as DORA, in 2025.
Company Info
Celent
Celent is a global research and advisory firm based in Boston, Massachusetts, specializing in technology strategy for financial institutions. Founded in 1999 and acquired by Oliver Wyman in 2008, Celent operates under GlobalData Plc, providing insights to help financial executives navigate technological and regulatory challenges. The firm offers a range of services, including research and advisory on market trends, vendor evaluations, and consulting for strategy development and competitive intelligence. Celent also manages awards programs like the Model Bank and Model Insurer awards, recognizing excellence in technology adoption. Its publications cover emerging technologies, such as automated claims processing and AI in financial services. With a global presence across North America, Europe, and Asia, Celent serves financial institutions, technology vendors, and consulting firms, delivering unbiased advice for technology procurement and strategy. The firm focuses on automation, blockchain, AI, and regulatory technology, positioning itself as a key partner for financial institutions in their digital transformation efforts.
New York, New York, United States
'+1 617-424-3200
Founded: 1999