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People Moves: Kingland’s CAT Hire, Refinitiv, SimCorp, Apex, LCH, MTS

A look at some of the key "people moves" from July 22-26, including Amara Goeree (pictured), who joins Apex.

Amara Goeree, Apex

Former CTA Exec Jordan to Tackle CAT Coordination at Kingland

Data management software vendor Kingland Systems has tapped new hire Ron Jordan to manage its involvement in the development of the Consolidated Audit Trail (CAT), a Securities and Exchange Commission-mandated official record of US equities trading activity.

Kingland is a contractor in industry regulator Finra’s plan to build the CAT. Finra was awarded the contract earlier this year, after the SEC’s original choice, Thesys

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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.

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.

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