New study shows mainframes still popular despite the rise of cloud—though times are changing…fast

A whitepaper from the DTCC and Celent finds that 67% of buy- and sell-side firms hope to be “cloud first” by 2024, but mainframes still part of the equation.

Arguably the most challenging decisions facing a head of technology or data is determining which workflows, data, and applications should be migrated to the cloud, and what that timeframe should look like. Yet while the cloud might seem inevitable, a new report that surveyed financial institutions across the buy and sell side shows that most firms still rely on legacy technology for their datacenter needs.

The report, which was conducted by the Depository Trust & Clearing Corporation (DTCC) and

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

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