{"id":3017,"date":"2009-09-06T11:55:34","date_gmt":"2009-09-06T15:55:34","guid":{"rendered":"http:\/\/calleam.com\/WTPF\/?p=3017"},"modified":"2022-12-28T14:02:48","modified_gmt":"2022-12-28T22:02:48","slug":"london-stock-exchange","status":"publish","type":"post","link":"https:\/\/calleam.com\/WTPF\/?p=3017","title":{"rendered":"London Stock Exchange – TradElect"},"content":{"rendered":"

Following entry is a record in the \u201cCatalogue of Catastrophe<\/a>\u201d –\u00a0a list of failed and troubled projects from around the world.<\/p>\n

\n

London Stock Exchange\u00a0\u2013 UK
\nProject : <\/strong>TradElect
\nDate :<\/strong> Sep 2009 Cost :<\/strong>$68M<\/p>\n

Synopsis :<\/strong>
\nAfter four years of development, but just two years of use the London Stock Exchange’s flagship trading platform (TradElect) is to be decommissioned and replaced.\u00a0Lending credence to allegations that recent outages at the exchange were caused by the TradElect, the announcement of a replacement signifies a switch from the Windows based platform to Linux.\u00a0 Although the LSE is refusing to confirm or deny any reasons for the switch observers are reporting that the Windows infrastructure was an inappropriate choice for the mission in question.<\/p>\n

Contributing factors as reported in the press :<\/strong>
\nSystem performance problems. System reliability.\u00a0 Inappropriate choice of technologies.<\/p>\n

Other related stories<\/strong><\/p>\n

Those who monitor project failures may remember in the London Stock Exchange’s Taurus project from the 1990’s.\u00a0 That project has become a classic case study in project failure and is documented in a number books such as “Crash” by T. Collins and D. Bicknell. Reference Taurus<\/a>.<\/p>\n

Reference links :<\/strong><\/p>\n

    \n
  1. London Stock Exchange timeline of technical problems<\/a><\/li>\n
  2. London Stock Exchange Crippled by Outages<\/a><\/li>\n
  3. London Stock Exchange to abandon failed Windows platform <\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    Following entry is a record in the \u201cCatalogue of Catastrophe\u201d –\u00a0a list of failed and troubled projects from around the world. London Stock Exchange\u00a0\u2013 UK Project : TradElect Date : Sep 2009 Cost :$68M Synopsis : After four years of development, but just two years of use the London Stock Exchange’s flagship trading platform (TradElect) […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3],"tags":[132,129,93,147],"class_list":["post-3017","post","type-post","status-publish","format-standard","hentry","category-private-sector","category-failed-project","tag-private-sector","tag-failed-project","tag-why-do-projects-fail","tag-why-projects-fail"],"_links":{"self":[{"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=\/wp\/v2\/posts\/3017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3017"}],"version-history":[{"count":16,"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=\/wp\/v2\/posts\/3017\/revisions"}],"predecessor-version":[{"id":9577,"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=\/wp\/v2\/posts\/3017\/revisions\/9577"}],"wp:attachment":[{"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/calleam.com\/WTPF\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}