Contributor: John Avery

In recent years, Brazil has carved out a position as one of the ten largest economies in the world, with an investment grade credit rating on its sovereign debt and expectations of sustainable, long-term growth. In fact, it’s been widely reported that Brazil has become the sixth largest economy in the world, surpassing the UK for the first time. All of this sustained growth comes at a price to the banks and other large capital markets players in Brazil who are trying to manage the ever increasing costs of running their IT and operations departments. A significant driver of this growth and demand for IT and operations efficiency is the continued flow of foreign capital into Brazil.... read more