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Editor's Letter

2004 WATERS AWARDS

Welcome to the second annual Waters Awards. The staff of Waters and our sibling publications culled a list of high- and low-profile nominees that have delivered smart solutions and implemented innovative technologies in an effort to boost revenue and keep regulators at bay. For our most prestigious award, Waters CIO of the Year, we looked for the information thought leader with a vision and the business acumen to deliver the needed competitive advantage while also keeping an eye on the bottom

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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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