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RTS, Bank of Queensland, EMC

RTS HIRES FERGUSON FOR U.K.

Officials from trading services provider RTS Realtime Systems have named Tim Ferguson U.K. sales director, according to vendor officials. Ferguson joined RTS from Fidessa, where he worked in new business sales to Europe from 2005 to 2009. His prior experience in the industry includes about five years of sales work for Bloomberg.

BOQ PROMOTES KANGATHARAN

The Bank of Queensland has appointed Ram Kangatharan, previously its CFO, to the newly created position of COO

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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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