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finance

Knight Capital's Quality Control and CM Problems

On August 1, 2012, Knight Capital experienced what all IT shops hope to avoid. A software release that was put into production caused more than $440 million in trades to take place. Joe Townsend explores the quality control and CM issues that created the problem.

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Joe Townsend
The Tokyo Stock Exchange Goes Broke

On August 7, 2012, the Tokyo Stock Exchange experienced a serious system glitch that resulted in the stock exchange going broke with the suspension of some transactions. Bob Aiello explains the situation and the next steps to identify the nature of the incident and the course of action.

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Bob Aiello
Will IBM Be Knight Capital's White Knight?

After the software glitch that resulted in a $440 million trading loss, Knight Capital Group tapped IBM for help in assessing the financial firm’s existing software and systems development practices. Will IBM be Knight Capital's white knight and help prevent these problems from occurring again?

Bob Aiello's picture
Bob Aiello
How Batman Uses DevOps to Fight Crime

The latest Batman movie highlights the importance of software and has Bruce Wayne using DevOps to fight crime. Software can clearly be used for good or for evil, and so it is with regards to software practices.

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Bob Aiello
How You and DevOps Can Help Restore U.S. Financial Stability

The SEC wants your input on how to prevent errors in mission-critical systems, “including those that are used to automatically generate and route orders, match trades, confirm transactions, and disseminate data.” It's time for the agency to take a lesson from DevOps.

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Bob Aiello
How DevOps Could Have Benefited the Facebook IPO

As Facebook's IPO debacle shows, the lack of a robust software development process can result in outages and impact large-scale financial systems. Bob Aiello explains how DevOps—which provides the structure to rapidly build, package, and deploy applications—could have minimized Facebook's damages.

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Bob Aiello
Test Automation Gone Wild

The stock market has a messy relationship with software. It operates on automation software, but that same software recently made the news for triggering stock plunges. If financial firms aren't scrimping on testing, then what or who gets the blame? Is there a place for testing in production?

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Linda Hayes
What Knight Capital Group Needs to Know about DevOps

On August 1, 2012, Knight Capital Group suffered a disastrous electronic trading glitch, caused by a bug that was introduced during a software upgrade the night before the incident.

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Bob Aiello