Vendor Lock-In in Brokerage: Tajinder Singh Virk (Natty Virk) on an Expensive Constraint to Growth
This article examines how exclusive dependencies on specific vendors or platforms can limit broker flexibility, raise costs, hinder innovation, and stifle scalability. Such “vendor lock-in” can be a hidden drain, preventing brokers from adapting to new opportunities or offering better services thus ultimately constraining long-term growth.
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