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June 3 2025

Should You Build or Buy? Navigating the Challenges of In-House Development vs. Partnering

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The “build versus buy” decision is a critical choice for any CTO or business leader, especially in the fast-evolving technology space. In this video, industry experts weigh in on the complexities of deciding when to develop technology in-house and when to rely on trusted partners. The conversation delves into the benefits of buying off-the-shelf solutions for commoditized services while maintaining flexibility for custom-built solutions where unique value can be added.

Through analogies like Formula One, the video explores how businesses can differentiate themselves by combining both strategies — buying the core functionality that’s already proven and building on top of it to create a competitive edge. The hybrid approach emphasizes the need for agility in a rapidly changing market, where technology investments must be continually evaluated to maintain resilience and scalability.

One often-overlooked element of the “build vs. buy” debate is the total cost of ownership. Beyond the initial build, maintaining custom-built software comes with significant ongoing costs — from updates to regulatory compliance. In financial services, where system resilience is key, this becomes an even more important factor to consider when making the decision.

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Matthew Whetton

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  1. The European Central Bank Selects Almaviva and Fabrick for Digital Euro Project

    Fintech

     Read more
  2. EXCLUSIVE: “The Advantage of Ancient Errors” – Tony Fish in ‘Discover Sibos 2025’

    Discover Sibos 2025

     Read more
  3. EXCLUSIVE: “Game Changer” – Andy Lyons, Freemarket in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
  4. Binance Launches The Blockchain 100 Award to Honor Top Creators Driving Blockchain Innovation

    Crypto

     Read more
  5. MAPFRE AM Appoints Ismael García Puente as the New Deputy Director of Investment Strategy

    Hiring

     Read more
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