Interdisintermediation

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The Devil’s Advocate

Some say intermediation is back in style. I say it never went out.

In which the curmudgeonly old sod puts the world to rights.

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Interdisintermediation /ɪnˈtɜːdɪsˌɪntə(ː)ˌmiːdɪˈeɪʃən/ (n.)

Disintermediation, achieved by interposing a (different) intermediary or agent. Particularly where the new intermediary is less able and, in overall terms of overall resource burn, more expensive than the one you used it to get rid of.

Rather like “using bureaucracy to eliminate red tape” interdisintermediation must seem a rather stupid idea, and it is, only it is more or less management orthodoxy in many parts of the financial services industry so, like another great disintermediator I can think of, is inexplicably beyond impeachment.

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