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The Wave of AI: Why Financial Services Need Interoperability Now

Discover how interoperability is critical for deploying AI in financial services. Learn how interop.io bridges the gap for seamless integration of AI applications in banking and trading.

The financial services industry is on the brink of an AI revolution, with banks and trading firms investing heavily to create AI applications that promise to transform their operations. Yet, despite billions of dollars spent on development, many of these applications face a critical roadblock: they lack the infrastructure to deploy effectively. The solution? Interoperability.

The Early Days: A Lesson in Integration

A decade ago, a similar challenge emerged. Banks were scrambling to move to the cloud by rebuilding applications in web technologies. They hired armies of engineers and built complex data infrastructures to deliver cutting-edge digital experiences. But there was a problem. These applications couldn’t find a place to “live” and interoperate. Without a terminal, desktop platform or portal, banks were forced to run the applications in standard web browsers. The experience for traders and PMs was poor, and, worse still, they were forced to support multiple browser versions, resulting in skyrocketing costs and blocked return on investment. Not being able to get new products and capabilities to the trading floor became a huge problem and a bottleneck to profits.

Interoperability platforms (such as Glue42, Finsemble and OpenFin) emerged to solve this problem. They provided a single, unified environment where applications could operate seamlessly, much like an ioS and Android provided for the consumer app boom. At the time, it wasn’t about interoperability—it was about removing a bottleneck between investment and return. Financial institutions needed a solution to house their applications and bring them to market.

Fast forward to today, and we’re seeing the same pattern with AI. Banks are pouring millions into AI initiatives, but the agent and helper applications are lagging in deployment or exist in silos, unable to deliver real value.

The New AI Challenge

AI has ushered in a wave of innovation, particularly in trading, market analysis, and customer engagement. From AI-powered trading bots to advanced data visualization tools, the potential is limitless. However, these applications face the same problem as their predecessors: nowhere to live and no way to connect.

In the context of AI in financial services, think of what AI agent trading applications are capable of today. . Despite significant investment, it’s often fragmented across systems, leading to inefficiencies and underwhelming results. Heads of Trading are pressuring their tech teams with questions like, “When can our Co-Pilot go live?”—a term used to describe AI platforms that assist users in their workflows. But without a cohesive platform to house and interconnect these applications, Co-Pilots remains more of a concept than a reality.

How interop.io Bridges the Gap

This is where interop.io comes in. As the wave of AI applications grows, interoperability becomes essential to their success. interop.io enables financial institutions to deploy their AI initiatives effectively, providing the platform where AI apps can live, connect, and deliver value.

Imagine deploying an AI-powered chatbot that integrates seamlessly with your existing systems, or enabling an AI market data application that enhances trading decisions in real time. These use cases are no longer out of reach—they’re made possible with the right desktop integration platform.

interop.io doesn’t just support AI applications; it brings them to life. By enabling connections between disparate systems and providing a unified platform for deployment, interop.io ensures your AI initiative moves beyond the idea stage and into the real world.

The Future Is Here

AI in financial services is the next frontier, but it’s only as powerful as the platform it operates on. interop.io is that platform, making it possible to deploy your Co-Pilot, connect your data, and transform your workflows.

The question isn’t whether you’ll adopt AI—it’s how. And the answer is interop.io.

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About the author
Chris Coleman
Director Sales
Chris Coleman is a seasoned professional with over 20 years of experience in enterprise software sales. Chris works with the world's largest financial institutions to transform client and customer experiences, reducing corporate risk through technology modernization. Chris is known for his ability to drive client success by scaling interoperability platforms across an organization.
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