Leveraging Interoperability – A-Team Webinar with Dan Schleifer

In a recent A-Team Group webinar, industry leaders discussed the importance of leveraging interoperability to create best-of-breed trading solutions. The event featured expert insights from Peter Eliades, Managing Director of Electronic Trading at Clear Street; Vitali Khudinov, Senior Vice President of Sales and Business Development at Dev Experts; and Dan Schleifer, President and Co-founder at interop.io.

Dan Schleifer kicked off the discussion by underscoring the rapid adoption of desktop interoperability in the trading industry. “Desktop interoperability has been around for about a decade, but we’ve seen a rapid acceleration in its adoption over the past two to three years,” he said. Schleifer explained that what started as a solution for large tier-one firms is now being embraced by smaller tier-two and tier-three firms, particularly on the buy-side over the last eighteen to twenty-four months.

A key factor driving this trend is the adoption of industry standards like FDC3, which provides a common language for applications to communicate seamlessly. “We’re seeing all three legs of the stool — the sell side, the buy side, and the vendors — really embracing interoperability,” Schleifer noted. This broad acceptance has led to successful implementations with measurable returns on investment, encouraging further expansion.

Schleifer also addressed the integration of legacy applications, a common challenge in the industry. “There’s not a single one of our client implementations that doesn’t include legacy applications,” he stated. These can range from .NET and Java to C++ applications delivered over Citrix from remote data centers. “You name it, we’ve encountered it. Delphi-based applications, languages I haven’t thought about in twenty years. Those are a critical piece of this.”

Watch this webinar on-demand with industry experts to discuss the importance of FDC3, overcoming challenges when implementing interoperability, and how to ensure strong data privacy in inter-app communications.