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[Updated] Links and thoughts on Société Générale and its traders [with SG's explanation]
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26
comments (26 topical, editorial, 0 hidden)
Re: Links and thoughts on Société Générale and its
(
none / 1
)
That wasn't my job but I guess they were checked regularly ; the bank was supposed to survive complete destruction of the headquarters and keep functioning, post 9/11.
Auferre, trucidare, rapere, falsis nominibus imperium; atque, ubi solitudinem faciunt, pacem appellant.
by
linca
(
antonin POINT lucas AROBASE gmail.com
)
on
Sun Jan 27th, 2008 at 06:48:25 AM EST
[
Parent
]
Re: Links and thoughts on Société Générale and its
(
4.00 / 2
)
All trader/client phone conversations are also recorded and archived, are they not?
You can't be me, I'm taken
by
Sven Triloqvist
on
Sun Jan 27th, 2008 at 06:54:02 AM EST
[
Parent
]
Re: Links and thoughts on Société Générale and its
(
none / 1
)
I wouldn't know. I know the trading desk didn't have 'net access, so as to avoid inside stuff.
Auferre, trucidare, rapere, falsis nominibus imperium; atque, ubi solitudinem faciunt, pacem appellant.
by
linca
(
antonin POINT lucas AROBASE gmail.com
)
on
Sun Jan 27th, 2008 at 07:12:51 AM EST
[
Parent
]
Re: Links and thoughts on Société Générale and its
(
4.00 / 3
)
I worked in one place where the backups went to servers in another building, the other building was managed remotely, and checking the backups was one of those jobs that just never got done. Recovery exercises were just one of those things that were easiest to put off in the hectic schedules. Untill youfind a job has come to an end and you've got a spare day till the next one starts. At that point one of the team wanders over to the other building and finds that the backup script is actually failing to save the backups onto the server and has been doing that for three months.
Life should consist in at least fifty percent pure waste of time, and the rest doing what you please.
by
ceebs
(
bunchofwankers (at) gmail (dot) com
)
on
Sun Jan 27th, 2008 at 07:04:39 AM EST
[
Parent
]
Re: Links and thoughts on Société Générale and its
(
none / 1
)
There was a specific service in charge of backup plans, it wasn't an additional task for the usual developers - proper backups are strongly regulated in banking, so I suppose it was properly done.
Auferre, trucidare, rapere, falsis nominibus imperium; atque, ubi solitudinem faciunt, pacem appellant.
by
linca
(
antonin POINT lucas AROBASE gmail.com
)
on
Sun Jan 27th, 2008 at 07:11:34 AM EST
[
Parent
]
Re: Links and thoughts on Société Générale and its
(
4.00 / 2
)
It helps to be in an organisation that recognises that backups are business critical.
Life should consist in at least fifty percent pure waste of time, and the rest doing what you please.
by
ceebs
(
bunchofwankers (at) gmail (dot) com
)
on
Sun Jan 27th, 2008 at 07:45:56 AM EST
[
Parent
]
Re: Links and thoughts on Société Générale and its
(
none / 1
)
Helps to have no choice about it...
Auferre, trucidare, rapere, falsis nominibus imperium; atque, ubi solitudinem faciunt, pacem appellant.
by
linca
(
antonin POINT lucas AROBASE gmail.com
)
on
Sun Jan 27th, 2008 at 12:24:59 PM EST
[
Parent
]
[Updated] Links and thoughts on Société Générale and its traders [with SG's explanation]
|
26
comments (26 topical, 0 editorial, 0 hidden)
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