Software at Scale 57 - Scalable Frontends with Robert Cooke Software at Scale

Robert Cooke is the CTO and co-founder of 3Forge, a real-time data visualization platform.
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In this episode, we delve into Wall Street's high-frequency trading evolution and the importance of high-volume trading data observability. We examine traditional software observability tools, such as Datadog, and contrast them with 3Forge’s financial observability platform, AMI.
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In this episode of the Software at Scale podcast, Robert Cooke, CTO and Co-founder of 3Forge, a comprehensive internal tools platform, shares his journey and insights. He outlines his career trajectory, which includes prominent positions such as the Infrastructure Lead at Bear Stearns and the Head of Infrastructure at Liquidnet, and his work on high-frequency trading systems that employ software and hardware to perform rapid, automated trading decisions based on market data.
Cooke elucidates how 3Forge empowers subject matter experts to automate trading decisions by encoding business logic. He underscores the criticality of robust monitoring systems around these automated trading systems, drawing an analogy with nuclear reactors due to the potential catastrophic repercussions of any malfunction.
The dialogue then shifts to the impact of significant events like the COVID-19 pandemic on high-frequency trading systems. Cooke postulates that these systems can falter under such conditions, as they are designed to follow developer-encoded instructions and lack the flexibility to adjust to unforeseen macro events. He refers to past instances like the Facebook IPO and Knight Capital's downfall, where automated trading systems were unable to handle atypical market conditions, highlighting the necessity for human intervention in such scenarios.
Cooke then delves into how 3Forge designs software for mission-critical scenarios, making an analogy with military strategy. Utilizing the OODA loop concept - Observe, Orient, Decide, and Act, they can swiftly respond to situations like outages. He argues that traditional observability tools only address the first step, whereas their solution facilitates quick orientation and decision-making, substantially reducing reaction time.
He cites a scenario involving a sudden surge in Facebook orders where their tool allows operators to detect the problem in real time, comprehend the context, decide on the response, and promptly act on it. He extends this example to situations like government incidents or emergencies where an expedited response is paramount.
Additionally, Cooke emphasizes the significance of low latency UI updates in their tool. He explains that their software uses an online programming approach, reacting to changes in real-time and only updating the altered components. As data size increases and reaction time becomes more critical, this feature becomes increasingly important.
Cooke concludes this segment by discussing the evolution of their clients' use cases, from initially needing static data overviews to progressively demanding real-time information and interactive workflows. He gives the example of users being able to comment on a chart and that comment being immediately visible to others, akin to the real-time collaboration features in tools like Google Docs.
In the subsequent segment, Cooke shares his perspective on choosing the right technology to drive business decisions. He stresses the importance of understanding the history and trends of technology, having experienced several shifts in the tech industry since his early software writing days in the 1980s. He projects that while computer speeds might plateau, parallel computing will proliferate, leading to CPUs with more cores. He also predicts continued growth in memory, both in terms of RAM and disk space.
He further elucidates his preference for web-based applications due to their security and absence of installation requirements. He underscores the necessity of minimizing the data in