As companies throughout the global capital markets and securities industry struggle to overcome problems they did not realise existed 12 months ago, they will increasingly lean on their technology providers to handle non-core functions so management teams can concentrate on digging themselves out of their respective holes, and to provide better tools to do the heavy lifting.

Of course, many financial technology providers will also feel the effects of the credit crunch as clients find that their budgets are slashed. But money will always be found for the most innovative solutions that have the power to transform businesses.