Moore's Law vs. Murphy's Law in the financial system: who's winning?

Moore's Law vs. Murphy's Law in the financial system: who's winning?

Moore's Law vs. Murphy's Law in the financial system: who's winning?

BIS Working Papers | No 564 | 30 May 2016by Andrew W LoPDF full text (895kb) | 44 pagesBreakthroughs in computing hardware, software, telecommunications and data analytics have transformed the financial industry, enabling a host of new products and services such as automated trading algorithms, crypto-currencies, mobile banking, crowdfunding and robo-advisors .

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