It’s been said that life is simple, but we insist on making it complicated. The same can be said in business. Many sell-side institutions, buy-side institutions and Inter Dealer Brokers have built complex platforms to support today’s business—but are these custom-built, tightly coupled applications agile enough to react to tomorrow’s opportunities?

Many firms recognize the need to simplify, but don’t know where to start. In this week’s video, I look at how organizations can approach simplification one step at a time.

While the journey to a simplified environment might not be all that simple, the pot of gold at the end of the rainbow can make it all worth it—dramatically lower costs sounds pretty good to me.