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RBS Securities, Netik, DPC Data

Perry Joins RBS Securities

RBS Securities last month hired Clifford Perry as head of business information services for the Americas. He previously held a consulting role at Lazard in New York, prior to which he was vice president of market data and research at The Blackstone Group. Before that, he spent eight years as director of information services at Warburg Pincus.

Wise Out, Flatley In at Netik

Rob Flatley has joined data management software vendor Netik as chief executive and president

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‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

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