As the markets become increasingly automated, an unfortunate byproduct has been an increase in the number of outages Wall Street has experienced.
There was, for example, the embarrassing BNY Mellon-SunGard fiasco that bled throughout the mutual fund and exchange-traded fund (ETF) sectors. Bloomberg and Thomson Reuters have both experienced major outages in the last few months. As have NYSE and Nasdaq.
"It's something that we're getting more used to," said Klay Stack, CTO at Marathon Asset Manage
Linedata's Dave Remy and Chris Condron discuss all things CQRS and James Rundle goes over some of the big news breaking in the crypto space.Subscribe to Weekly Wrap emails