Open architecture — tracking the biggest technology-driven trend in capital markets

  • There are many steps capital markets technology vendors can take to remain competitive in this evolving environment. They should try to unlock value for their clients by eliminating the research, development and integration work involved in trying to use new technologies for the first time. Vendors can integrate those technology features into their solutions by incorporating third-party applications in their solutions. Furthermore, they should take over the time-consuming maintenance of systems, processes and data owned by asset managers; this would make them more accountable for tangible business outcomes.
  • Considering the upcoming battle of the ecosystems, successful vendors would be those that can open up their platforms and architecture and develop them into a thriving ecosystem with abundant growth opportunities, both for themselves and partner vendors. However, smaller capital markets firms should focus on developing and offering microservices-based applications and then integrating them with platforms offered by larger vendors.

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We write about financial industry trends, the impact of regulatory changes and opinions on industry inflection points. https://www.acuitykp.com/

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Acuity Knowledge Partners

Acuity Knowledge Partners

We write about financial industry trends, the impact of regulatory changes and opinions on industry inflection points. https://www.acuitykp.com/

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