Re:The $440M software error at Knight Capital (2019)
by munificent on Monday May 02, 2022 @08:06PM
(#31242706)
> I understand why they may have chosen to do so, at the Big Bank I was working at, getting a new fix tag to be passed through all the layers properly would involve at least two other teams and coordinating releases and probably several weeks worth of meetings. If you just reuse an old value you can avoid all that since everything is already set up.
There's a good meta-lesson here which is that smart people will do dumb things if you make the smart thing require too much red tape or process.
Processes can block stupidity, but they can also block intelligence if not well designed.
There's a good meta-lesson here which is that smart people will do dumb things if you make the smart thing require too much red tape or process.
Processes can block stupidity, but they can also block intelligence if not well designed.