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CEP Gets Owned


Although the exact circumstances surrounding the acquisition-terms of which were not disclosed-remain unclear, sources say that its structure suggests financial worries at Aleri may have forced a sale. Specifically, by acquiring the assets and making offers to the staff it wishes to retain rather than buying the company outright, Sybase absolves itself of any outstanding debts or liabilities of Aleri.

Sybase officials say that's just the way they like to do business. And while they decline to

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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.

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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