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CORE DUMP

CORE DUMP

Breaking Out: Reuters has released its first-ever quarterly earnings report. Outright sales of Reuters' information management systems -- which includes the vendor's digital data distribution systems and video-switch products -- jumped from $13 million in the first quarter of 1993 to $20 million in the first quarter of 1994, an increase of 53 percent over the same period last year. That figure does not include any revenue Reuters may have garnered from its new subsidiary Teknekron, which also

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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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