Last Thursday we held a fascinating and topical webinar focusing on why Knight Capital lost $440 million in 40 minutes and what they could have done to prevent this incident.
The webinar ‘A Rogue Application Release Can Cost $440 Million – Case Study from Wall Street’ was led by Fred Voccola, a technical expert in the financial services industry. He explored the potentially astronomical costs of failing to adopt application release automation in today’s complex trading environments. Taking Knight Capital as a case study, he examined the internal and external pressures leading up to this event and the lessons we can all take from it.
“Knight avoided bankruptcy, which it was truly on the brink of…It begs the question: how does it happen and how do we prevent it going forward?
Stephanie Ruhle, Anchor, Bloomberg Television
Mr. Voccola explores in depth what can be done in order to prevent this event from happening again. Following his presentation, Mr. Voccola opens up a lively ‘question and answer’ session with webinar attendees. In this session, he answers various questions on release processes and deployment automation in the financial services field.
This webinar is a must-see for IT people in Financial Service Firms who want to avoid making the same mistake as Knight Capital!
The recorded version of the webinar ‘A Rogue Application Release Can Cost $440 Million – Case Study from Wall Street’ is now available online. Click here to view this webinar ‘on demand’
Our webinar on how governance, risk management and compliance impact DevOps is now online. Click here to view it ‘on demand’
About the Presenter
Fred Voccola
Mr. Voccola has 18 years of experience and an excellent track record as a technology executive, with tremendous success building and managing sales, marketing, and business development organizations.He has vast experience in internet, communications, SaaS, enterprise software, and telecommunications industries.