Risk Management

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Greg MacSweeney
Greg MacSweeney
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No Trust in the 'Futures,' Morgan Stanley Plays Mr. Fix It, Technology Bugs and More Quotes of the Week

Morgan Stanley officials vowed this week to fix the technology systems for the company's brokerage sales force, while the Peregrine and MF Global debacles have industry leaders losing faith in the futures industry. Plus, JPMorgan's new chief investment officer hopes for a return to a sense of normalcy at the firm after its own debacle.
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7. Supply & Demand

Obviously as systems get more complex and interactions get more complex, it begs the question: How do you even test these things? I think testing technology and capabilities are behind both demand and supply.

— Dr. Howard Rubin, founder of Rubin Worldwide (pictured at right)

Source: Post-Knight: Can You Really Manage Technology Risk?

 

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

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