If a total cost of ownership model is right, about 70% of capital markets firms are incurring unsustainable front office technology costs.

As noted in market research firm TABB Group's FSI Tech Spend Analysis 2014: Introducing T-Alpha report, many front office technology systems are highly siloed, causing significant duplication that leads to excessive expenses. Further, TABB recommends considering how vendor-managed solutions can help "de-siloize" to reduce these costs.

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