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Chaos Killer

STP

Global investment operations provider BNP Paribas Security Services is reaping the benefits of its newly formed post-trade processing system. The unit, a subsidiary of French banking giant BNP Paribas Group, has used technology vendor CheckFree to complete a phased installation of a global straight-through processing (STP) hub to provide middle- and back-office services to its buy-side clients. The result: Trading through BNP has shot through the roof across all asset classes.

BNP decided to go

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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

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Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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