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Herd - January - December

January

Jeff Wells

, former SVP of product development at Reuters and co-chair of the Financial Information Forum's market data capacity planning committee, joined Exegy as VP of product management. European commercial director David Bilbé and managing director for global accounts in Europe David Gandy left Thomson Financial after the vendor combined previously separate divisions under a new commercial organization.

February

German data vendor VWD appointed Joachim Lauterbach as a managing director

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The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

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.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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