Hazem Dawani, CEO of OptionsCity Software, revisits the build vs buy debate
The old build vs. buy debate was focused on whether trading
firms would invest the substantial time and resources into
creating their own infrastructure, systems and software, or
instead rely on a third-party to provide an out-of-the-box
solution. Since rigid, one-size solutions do not fit all, those
that had the resources to implement tailored systems did just
that – providing an edge over the smaller or
medium-sized market players that had no choice but to buy
The way we see it, that world – thankfully
– no longer exists. Trading software is increasingly
lean and customizable, providing a trading firm with the
ability to implement a unique solution even when it purchases
standard components and configures them. The old, rigid,
out-of-the-box solutions have given way to APIs and flexible
architectures that enable firms to create custom experiences,
optimize infrastructure risk and leverage IT
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