As Barings Bank, Societe Generale and now UBS have found, much to their dismay, it’s hard to stop a trader from getting out of control if he knows the inner workings of both your front office and back office.
Here are eight steps you can take in yout technology shop and operations, to catch a rogue before his desperation costs you billions.
SOURCE: Securities Technology Monitor research at SIBOS 2011 in Toronto.
-- This article first appeared on Securities Technology Monitor.
Register or login for access to this item and much more
All On Wall Street content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access