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.
October 05, 2012
4. It Is Rocket Science!
There is no technical fix. That doesn't mean we shouldn't test, use the highest quality-assurance methods, and do everything we can to build great software.
— Nancy Leveson, a professor of aeronautics and astronautics and engineering systems at the Massachusetts Institute of Technology, told the SEC.
Source: Bloomberg Businessweek: Trading Errors Show Uneven Testing Policies, NYSE Executive Says
