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August 31, 2021
US Banks' Core Systems Technology Spending, by Bank Asset Size, July 2021 (% of bank's technology budget)
Methodology
Data is from the August 2021 Bank Director “2021 Technology Survey” sponsored by CDW. 122 US financial executives were surveyed during June-July 2021. 8% of the respondents represent financial institutions with more than $10 billion in assets, 47% between $1 billion and $10 billion, 22% between $500 million and $1 billion, and 23% less than $500 million.