as far as i know the "actual" backend data is standardized, ie same instrument names and dates etc. Adding to that, by playing in the US markets the SEC and FINRA, have that stipulation of being able to move between institutions in a standardized and regulated way.
long story short, they all have to implement a system to move out and in (well they all want your assets so this part is obvious).
long story short, they all have to implement a system to move out and in (well they all want your assets so this part is obvious).