Bloor – Latency: an IT Governance story?

David Norfolk on latency and single-dealer platforms:

To my mind, IT governance is ultimately about having fact-based confidence in achieving desired business outcomes, and these often depend on addressing technical issues. If the desired outcome, for example, is an effective and profitable single dealer platform, which allows a financial institution’s customers to deal with it for a range of trading assets (FX, credit, equities and so on) through a single internet application, one of the issues that must be addressed is latency.

So, what is latency? Well, its not the same as response time, which it is sometimes confused with—you can have sub-second response times for, say, pricing information and still see a price on your screen that is out of date, because of latency issues.

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