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Swift Readies B2B Data Safebox

Industry messaging cooperative Swift is developing eBiz, a version of its eMe consumer-to-business "digital safebox" that securely stores financial data for individuals and corporations in order to streamline certain business processes, according to Swift officials.

Although Swift's eMe offering is tailored to the Belgian market, eBiz's focus will be international, says Kosta Peric, head of innovation at Swift.

Swift plans to complete its analysis of eBiz synergies with proof-of-concepts for asset

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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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