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Software Robustness and Resiliency in Capital Markets

November 19, 2013

A CISQ Technology Executive Roundtable


Tuesday, November 19, 7:30-10:00am,

Marriott at Grand Central, 525 Lexington Avenue at 48th Street, NYC


Registration $295


25560_thumb_rulerThere isn’t a single stakeholder in the capital markets today who is unaware or unconcerned about the level of software complexity and risk being managed at the exchanges and the broker dealers.


“I also want…to identify a series of concrete measures designed to address specific areas where the robustness and resilience of market systems can be improved.”
–  Mary Jo White, SEC Chair


Beyond Regulation SCI, as technology leaders we have to address software risk in a way that improves our ability to gain competitive advantage and speed to market. This technology executive roundtable is an open dialogue on getting ahead of the software robustness issue and the coming regulations. To facilitate, we are bringing together several industry leaders to discuss the challenges of achieving robust and resilient systems in the context of today’s market and technology landscape.



Corey Booth
Partner and Managing Director
Boston Consulting Group


Corey will frame the morning discussion about the tradeoffs between risk and development speed, and their implications on software quality frameworks and processes. Corey will outline some current case studies at capital markets clients building QA governance mechanisms to address system resilience.


Corey Booth is a Managing Director within BCG’s Financial Services practice, based in New York City. Corey works with financial services clients on business technology adoption and optimization, in the capital markets, asset management and consumer services. Prior to BCG, Corey served as the CIO at the Securities and Exchange Commission (SEC) for a four year term, ending in 2008. Prior to joining the SEC, Mr. Booth was an associate principal in the financial services and information technology practices of McKinsey and Company. In that role, he was responsible for advising senior executives of major financial institutions on a variety of strategic and technology management issues.



Dr. Bill Curtis
Consortium for IT Software Quality


Bill will discuss the recent changes in the regulatory environment at the Federal level, especially as relates to software risk prevention. He will cover some of the highlights of Regulation SCI, and the feedback provided to the SEC by CISQ and other related entities.


Dr. Bill Curtis is an industry luminary who is best known for leading development of the Capability Maturity Model (CMM) as the director of the Software Process Program at the Software Engineering Institute (SEI) at Carnegie Mellon University. He currently serves as the Director for CISQ, and the Chief Scientist at CAST, a software company that offers software risk prevention solutions. Prior to CISQ, Bill was a Co-Founder of TeraQuest, the global leader in CMM-based services, which was acquired by Borland. In past roles, Bill directed research on intelligent user interface technology, software design process, software productivity and quality measurement, and software practices. Bill was recently elected a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) for his contributions to software process improvement and measurement.



JP Chauvet
Chief Architect of Equities
Credit Suisse, IB


As an early adopter of software analysis & measurement in this industry, JP will discuss the path to introducing software risk prevention methodologies. JP will about the types of issues that make it difficult to manage software resiliency & robustness. How to balance expectations from the business, and what regulatory response would be useful vs. detrimental.


JP Chauvet is a Director at Credit Suisse and Chief Architect of Equities, based in New York. In this role, JP drives the technology governance across the main businesses that form the bank’s leading Equity franchise: Equities Trading, Prime Services, Equity Derivatives and Global Arbitrage Trading. Previously, JP held various roles at both Credit Suisse and Lehman Brothers, including Head of Equities Production Services, Head of Equities Core Trading Development and Head of AsiaPac Trading System Development based in Tokyo.



Agenda for November 19th, 2013

Location: Marriott at Grand Central, 525 Lexington Avenue at 48th Street, NYC

7:30 am

Networking Coffee and Refreshments


Corey Booth, BCG
Managing the Risk-to-Speed Tradeoff – How to establish the right level of quality governance
8:30 JP Chauvet, Credit Suisse
  Implementing Structural Software Quality Measurement – Deployment challenges & practices
9:00 Dr. Bill Curtis, CISQ
  Summary of Regulation SCI and the CISQ response to the current proposed regulation
9:30 Discussion and Q&A


We have an obligation to the investing public, and the economy at large, to address the system risk prevalent in today’s financial markets. Join us for this important discussion on your role in this effort.


Representatives from the following companies attended the event: 

  • Bridgewater
  • CAST Software
  • Object Management Group
  • Boston Consulting Group
  • Goldman Sachs
  • NYSE Euronext
  • BNY Mellon
  • Tata Consultancy Services
  • TechMahindra
  • The Depository Trust & Clear
  • JPMorgan
  • Deutsche Bank

You can download the materials from the event on the CISQ Member Page.

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  1. Pingback: CISQ – 2013 Review and 2014 Plans | CISQ

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