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Data Governance Takes Centre Stage

Where do you think the market is in terms of moving from federated to centralized governance models?

Amy Harkins, managing director and senior vice-president, global corporate events worldwide, Bank of New York Mellon: The market is moving to a centralized data model because of vendor licensing and vendor distribution requirements. Five years ago, firms were centralizing because it was cost efficient, but now the centralization is happening because of the way data vendors are auditing and looking

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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.

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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