Four Steps to Interop for Vendors
Become a Vendor Hub with interop.io
As a software vendor, interoperability can help transform your business by enhancing your offerings and strengthening client relationships. If your offerings include O/EMS, portfolio management, compliance, post-trade, and/or CRM systems, you can become a “Vendor Hub.” This role is crucial as it allows your app to communicate effectively with other apps on the client’s desktop, driving deeper integration and initiating cross-sell. Additionally, you orchestrate all interoperability.
Learn more about the partner programAs a Vendor Hub, you are no longer just an app provider, you provide the foundation for how your users work.
Gain deep insights into your clients’ interoperability objectives, helping you tailor solutions to meet their specific needs.
Ensure your application suites are fully interoperable, providing seamless integration and superior end user experience.
Set clear paths and milestones for your clients’ digital transformation projects, positioning yourself as a critical partner in their innovation journey.
Four Steps to Interop for Vendors
Level 1: Fragmented Legacy
Apps don’t talk to each other, offering zero interoperability. Cross-sell and user experience are impeded.
Level 2: Connected Monoliths
While not everything is interoperable, you own a single platform from which your clients can access your technology suite. Some cross-sell is possible, but user experience is fragmented.
Level 3: The Cohesive Workstation
Unified client interface where your applications freely interoperate, with numerous out-of-the-box workflows to enhance user experience and enable cross-sell.
Level 4: The Interoperability Hub
Your application suite is an interoperability hub, with your apps, your clients’ apps, and third-party vendor apps all working together for a next-gen platform experience.
Shantanu Goyal, head of product agency trading at Broadridge, discusses the company’s partnership with interop.io and the importance of interoperability. After testing multiple vendors, Broadridge found interop.io’s technology to be the best fit for their order management and principal trading solutions. This partnership allows traders to access unique features across different products and third-party vendors like Bloomberg through a unified interface.
Curious how you rank when it comes to interoperability initiatives?
Take this quiz and learn the kinds of questions we ask our partners, such as: How many separate apps are you trying to connect? How important is interop to the company strategy? These questions can help you start to consider where you want to be on your interop journey.
Take surveyPartner with interop.io
Join an ecosystem of software vendors, resellers, and system integrators who understand the transformative power of interoperability. Trusted by firms like FactSet, Charles River, and Iress, interop.io can help your clients realize the full potential of streamlined workflows and interoperable solutions.