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Banks Unfazed by Public Clouds

The two biggest aspects of the cloud computing paradigm shift are the ability to lower costs though peer deployment and the ability to create new applications through the resources of the cloud, says Subhra Bose, CIO, alternative investments IT, at Credit Suisse.

The cost savings demonstrated by Amazon.com and other large users of cloud computing outside the financial industry are likely to outweigh concerns about data security or privacy, explains Peter Kelso, managing director and CIO of the DB

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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.

Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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