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Per-Otto Wold, CEO and co-founder of Point Carbon, recently acquired by Thomson Reuters, has been installed as global head of growth initiatives as Thomson Reuters' Commodities & Energy business. He will report to Shaun Sibley, global head of Commodities & Energy at Thomson Reuters.

Wold, who will continue to be based in Oslo, founded Point Carbon, a provider of news, analysis and consulting services for European and global power, gas and carbon markets, in 2000. Since then the company's

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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.

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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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