3 ms·

Not really. In the long term, reg fines and dev costs balance out.

• philipov 9y ago
  Citation please.
  • osrec 9y ago
    Pretty much every rogue trading scandal in the last few years is caused by some guy coming to the front office from the back and gaming the system with knowledge of its weaknesses. In more or less every case, poor front office controls, systems or data practices were identified as the root cause. Example https://www.google.co.uk/amp/s/amp.theguardian.com/business/nils-pratley-on-finance/2012/nov/26/ubs-failure-control-rogue-trader-kweku-adoboli https://www.google.co.uk/amp/s/amp.theguardian.com/business/...
    • EpicEng 9y ago
      And Lord knows software devs never implement poorly secured and/or buggy systems.