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MarkitServ Taps AcadiaSoft for Messaging

Over-the-counter (OTC) derivatives trade-processing gateway MarkitServ is partnering with AcadiaSoft to automate its collateral messaging, rather than developing its own message automation internally, say representatives of MarkitServ, the 15-month-old joint venture between the Depository Trust & Clearing Corp. (DTCC) and Markit.

"It will be offered seamlessly alongside the other post-trade processing functionality offered by MarkitServ, like confirmation, portfolio reconciliation and clearing

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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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