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Get Off My Cloud

OPINION

While reductions on this scale will save on salaries and year end-budgets, it probably won't change the demands that investment banks place on their IT organizations. Although there might be fewer desks that need to be served, the remaining ones will gladly assume the computing resources formerly allocated to their departed colleagues.

Finding the best bang for the IT buck isn't a matter of being a good corporate citizen anymore-it's a matter of survival. This is where taking advantage of the

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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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