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SunGard Bets on the ASP Model

HARDWARE & SOFTWARE

Dublin-based Irish Life Investment Managers (ILIM) needed help selling its tracker products, the financial instruments that track the performance of an index or indices, due to a recent spike in market volume. "We have been selling the tracker products for several years, but this time last year the volumes really increased," says Paul Sharkey, senior fund administrator at ILIM, the investment management arm of insurance and financial services firm Irish Life & Permanent with £600 million ($943

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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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