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Striking the Balance: In-House vs Outsourcing

A guide for trading firms to blend in-house teams with outsourced expertise: when to outsource, how to structure collaboration, and how to keep quality, speed, and control.

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Who is it for?

For brokers, banks, and exchanges led by CTOs, product heads, and operations and risk teams who manage legacy systems, face a developer talent gap, and must modernize without disrupting trading. It’s relevant if bottlenecks from old code and limited capacity are slowing delivery or raising operational risk.

It also serves leaders planning platform upgrades amid rising complexity, regulatory changes, and market shifts (e.g., T+1). If you need flexible resourcing, structured QA, and clear knowledge transfer between internal and external teams, this guide outlines a collaborative model.

Inside the book

  1. The in-house-only challenge: legacy tech, bottlenecks, and risk exposure
  2. How outsourcing relieves load: flexible scaling, specialist skills, cost control
  3. The Devexperts outsourcing model: discovery → strategy alignment → estimations → development → testing → production → maintenance & support
  4. Case study: Stabilizing and extending a bank’s back-office platform (APAC)
  5. Working as one team: communication cadence, role clarity, and knowledge transfer
  6. Market context: developer shortage and growth in trading system development

What will you learn from this book?

You’ll learn to decide when to build in-house, when to outsource, and how to run a hybrid model that reduces risk while increasing throughput. The book shows how to scope work, size teams, and set governance so external engineers act as an extension of your staff without losing control over priorities or quality.

You’ll be able to apply a step-by-step operating model: discovery, strategy alignment, estimations, agile delivery, QA at scale, production launch, and ongoing support; plus practices for communication, knowledge transfer, and measurable outcomes. Use these to accelerate upgrades, contain costs, and ship reliably.

Reviews

“This is a great e-book that covers not only the basics of liquidity aggregation but some real fundamental issues that start up brokers need to comprehend when they are setting up their companies base trading infrastructure. Mistakes around such a critical aspects in a trading company as liquidity, the management of it, and the collaterization needed are very dangerous in the short, medium, and long term. This book will help all those that read it come up the curve to a stronger position of knowledge very quickly. I would dare say that not a single executive or senior manager at any brokerage firm shouldn’t understand these concepts. This is a great work, very much needed, Bravo!”
Muhammad Rasoul
OTC Retail Trading Pioneer
“Evgeny has done a great job compiling all of this information into one place, something I have not seen done before.
It’s clear and concise, covering the important aspects people in the FX industry should know and understand. There is useful content for everyone from new entrants all the way up to industry veterans.
Without this e-book it would take a long time to gain all this knowledge. I believe that everyone who reads this book will find it enjoyable and take away new information and meaningful insights into how the Forex market operates.”
Jon Light
VP of Trading Solutions at Devexperts
“Thorough tutorials on B2B Forex technology such as liquidity aggregators are a rare thing to find. It’s not impossible though, and “The Ins and Outs of Forex Liquidity Aggregation” is a great example. This textbook by Devexperts is something I have always valued: in-depth, actionable and frank insight into forex pricing, execution, and hedging strategies.
With an unbiased narrative and multitude of clear and concise examples, Evgeny provides an excellent explanation of advanced problems in the fragmented OTC space.
Highly recommended for anyone who is willing to better understand trading with liquidity providers.”
Michael Greenberg
Founder and CEO at Finance Magnates
Author
Evgeny Sorokin
Evgeny Sorokin authored this e-book during his tenure as Chief Product Officer at Devexperts. His work included implementing trading platforms for dozens of brokers worldwide, which deepened his understanding of brokerage operations and technology.