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People Moves: Baton, Broadridge, BNY Mellon, Eventus, and more

A look at some of the key "people moves" from this week, including Mike Johnson (pictured), who joins Broadridge as VP and global product manager of derivatives clearing.

Mike Johnson Broadridge

Jerome Kemp appointed president of fast-growing fintech Baton Systems

Baton Systems, a post-trade system provider for capital markets, has appointed Jerome Kemp as president. Kemp will lead Baton’s growth across markets, leveraging valuable international experience gained in senior leadership positions held in Paris, London, and Tokyo during his career.

Prior to joining Baton, Kemp was global head of futures, OTC clearing, and FX prime brokerage at Citi, where he built the cleared derivatives

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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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