Financial services firms in Singapore typically budget for IT using per-user cost benchmarks and operating model considerations, rather than a fixed percentage of revenue. For firms with 20 to 80 employees, IT spending commonly ranges between: S$120 to S$155 per user per month (typical range) Up to S$175+ per user per month for more advanced security and compliance environments This budget goes beyond basic IT support. It includes the people, systems, tools, and processes req