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Editor’s Letter

DEPARTMENTS

Continuity

It was a sad irony that those hardest hit by the events of Sept. 11 bore the greatest responsibility for getting back to business in the days that followed. As people around the world wondered how they would pick themselves up from a disaster of such massive proportions, those who lost offices, systems and, most importantly, colleagues, put in long hours to show that business continuity was an essential and achievable part of the healing process.

Indeed, Lehman Brothers chief

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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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