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04/21/03

HUMAN FACTORS

SUNGARD’S GREIFELD NAMED NASDAQ CEO

Nasdaq has named Robert Greifeld president and CEO to replace outgoing CEO Hardwick Simmons, starting May 12. Greifeld was previously executive vice president (EVP) with responsibility for all sell-side business and buy-side transaction routing at financial IT giant SunGard Data Systems. He also served as CEO of SunGard Brokerage Systems. Greifeld was formerly president of Automated Securities Clearing (ASC), the developer of the Brass order management system

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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.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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