Compliance

09:37 AM
Greg MacSweeney
Greg MacSweeney
Slideshows
Connect Directly
LinkedIn
Twitter
Facebook
Google+
RSS
E-Mail
50%
50%

It's Time to Get Serious About Software Testing, Says SEC Roundtable

Commentators observing the SEC markets technology roundtable held in Washington DC this week say the roundtable participants didn't get specific enough when it came to software testing and that the industry should look at how other industries, including aerospace, test and validate products before putting them to market.
Previous
5 of 8
Next


5. Speed Kills

There is no question algorithms are being rushed to market. The time to market pressures are too great not to get them out the door quickly.

— Steve Rubinow, Chief Information Officer, FXall said during a live Wall Street & Technology Videocast immediately following the SEC roundtable.

Source: Live Videocast: How Market Participants Can Prevent and Respond To Technology Errors In Real-Time

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

Previous
5 of 8
Next
Comment  | 
Print  | 
More Insights
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Stressed Out by Compliance, Reputational Damage & Fines?
Stressed Out by Compliance, Reputational Damage & Fines?
Financial services executives are living in a "regulatory pressure cooker." Here's how executives are preparing for the new compliance requirements.