The Eurozone crisis is far from over, the fiscal cliff is top of the headlines and industry revenues continue to decline. Adding to their collective headache, financial organizations are dealing with flat IT budgets while striving to innovate in today’s ultra-competitive market. But there are a host of bright spots in the financial technology world. Here is a look at Wall Street & Technology’s take on the key issues that will shape the industry in 2013.
December 21, 2012
2. QA Testers and Kill Switches Wanted
After a flurry of embarrassing technology glitches at financial firms - from Nasdaq’s botched Facebook IPO to Knight Capital's disastrous errant algo -- the SEC has ramped up its rules for managing technology risk on stock exchanges.
Ed’s note: Given recent heat around the kill switch idea, you can expect a strong and controversial focus on controls and instrumentation in 2013.
[Check out the story here.]
