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THIN IS IN AND DESKTOPS ON DIETS, SAY WEALTH MANAGEMENT INDUSTRY IT MANAGERS

Increased flexibility, security and speed of deployment are key benefits, research reports

UK Wealth Management industry IT managers plan to put to their desktops on diets over the next 24 months as research shows thin and zero client adoption looks set to rise from 22% to 39%. The managers say increased speed of deployment, flexibility, better cost structure and easier use and management are the primary benefits of thin client.

Currently 81% of the wealth management companies surveyed run a centralized IT infrastructure, with 83% of organizations using some thin or zero client desktops. The average number of desktops that are thin or zero clients is 22%, with PC’s still dominating at 46%. 24% of users are also using notebooks and 19% tablets. But moving forward, IT managers believe that thin clients will be on 39% of desktops within the next two years as companies focus on the benefit of speed of deployment (58%), flexibility (48%), better cost structure (48%) and ease of use and management (48%). However, although thin and zero client use is set to almost double there are still mental obstacles to further implementation. The three top concerns with thin client deployment are: implementation costs (40%), connectivity (40%) and user dissatisfaction when the system goes down (37%).

With almost all those surveyed (96%) saying an increase in the number of thin and zero clients on their desktops was likely or very likely, over a third (38%) also confirmed that this increase could very likely in part come from converting existing hardware into centrally managed thin client-like devices.

The research, conducted by Dynamic Markets on a sample of 50 UK wealth management companies on behalf of IGEL Technology, also found little favoritism among the server-based computing providers with Citrix, VMware and Microsoft software all present in roughly half of all organizations with thin clients.

When it came to the desktop, 67% of the wealth management companies surveyed have more than one brand of thin client, 49% have three or more and 21% use four or more.

“This research demonstrates that wealth management IT managers have a clear view that speed of deployment, better cost structure, ease of use and management are the prime motivators behind their desktop strategy,” said Simon Richards, IGEL Technology Managing Director for UK & Ireland. “As a result, thin is in as the best way to bring these advantages to the desktop. But with the mix of technologies and desktop providers, no vendors appear as yet to have convinced the wealth management industry of their vision on how best to deploy a thin desktop environment. It’s a case of thin is in but which diet to follow? There is still much for vendors to do to convince the industry of their benefits.”

For an executive summary of the research go to: www.igel.com/exec_wealth

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