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The embrace of buy-side interoperability

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Celent have reviewed this profile and believe it to be accurate.
28 January 2021

Brad Bailey, research director for capital markets at research and advisory firm Celent, describes this trend among rival vendors working together as “co-opetition,” an agreement where separate providers believe a value proposition is worth more to a client by cooperating than by doing business individually. Bailey says vendors know they cannot do it all on their own; in other words, no single vendor can develop best-of-breed solutions for all components of the trade lifecycle and peripheral tools, such as specialized risk models or analytics.

News article details

Industry
Capital Markets
Media Type
News Articles
Geographic Focus
North America