Vendor lock-in in the brokerage industry refers to the situation where a broker becomes so dependent on a specific technology vendor that switching to a different provider becomes difficult and costly. This dependency can hinder innovation, increase operational costs, and limit the broker's ability to adapt to market changes. The article discusses how vendor lock-in affects brokers' g... https://financefeeds.com/vendor-lock-in-in-brokerage-an-expensive-constraint-on-growth/