Interoperability: Banks struggle with just how much they want for flagship platforms

For all the talk of interoperability within the capital markets, Wei-Shen wonders just how far firms are willing to go.

Apple products like the iPhone have an air of exclusivity about them. Some apps, for instance, come only in iOS versions, meaning they’re unavailable to Android phone users. Conversely, Google offers many of its apps—YouTube, Google Maps, Google Docs, and more—to iOS users. It’s as though iPhone users have a side door into the Android world.

Perhaps this is how some capital markets firms approach interoperability—and maybe, just maybe, it’s not necessarily a bad thing.

Apple is known for

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