Mitigating Technology Risk for Electronic Trading Systems

Mitigating Technology Risk for Electronic Trading Systems

Like any high performance, revenue generating online business, electronic trading is exposed to technology and operational risk – the chance that critical systems will malfunction, leading to financial loss and/or reputational damage. Recent events remind us that such losses can quickly become very serious, and have led to a renewed focus on safety and reliability in the sector.

This industry white paper delves into the technology and operational risk that trading firms must live with and manage. While there is no ‘silver bullet’ for eliminating such risk, experience and best practices discussed here reveal and in- depth approach based on multiple layers of protection during both system design and operation. Corvil experts will discuss the barrier model of how accidents occur as a useful metaphor for understanding and reducing risk exposure in such systems.

This is a must read if you are responsible for the health and performance of your company's electronic trading infrastructure and the billions of dollars on the line every day.