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Title Tajinder Virk on Vendor Lock-In: How Brokerages Can Avoid Costly Growth Constraints
URL https://financefeeds.com/vendor-lock-in-in-brokerage-an-expensive-constraint-on-growth/
Category Business --> Business and Society
Meta Keywords Tajinder Singh Virk , Finvasia
Meta Description Tajinder Virk of Finvasia warns brokerages against vendor lock-in and promotes open, API-driven platforms for flexible, growth-ready infrastructure.
Owner Muskan
Description
Tajinder Virk of Finvasia warns that brokerage firms often confuse familiarity with freedom—adopting ready-made vendor solutions that lock them into closed systems and hinder growth. He champions open, API-driven platforms like ACT Trader and ZuluTrade, which empower brokers to build customized, resilient infrastructure without being constrained by vendor limitations.