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Firms to Squeeze IT Staffs, Systems

TTW 2003 PREVIEW

The biggest trading room technology issue facing IT staffers in 2003 is likely to be whether they can hold onto their jobs, say industry analysts. Following that, IT managers will have to grapple with very limited resources.

Consultant Paul Pickup of London-based Trading Technologies and others are predicting a lean year in terms of technology installations and implementations. Much of any work in 2003 in this area is expected to focus on saving--rather than making--money. Observers point out

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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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