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This Week: DTCC & quantum; Talos; Jacobi; AccessFintech & more

A summary of the latest financial technology news.

DTCC releases white paper that address quantum risk

The Depository Trust & Clearing Corporation has put out a white paper that aims to identify initial steps financial services firms can take to protect against new risks that could arise from quantum computing. The paper, titled “Post-Quantum Security Considerations for the Financial Industry,” can be found here.

The DTCC has suggested that firms begin to assess and respond to this security threat by:

• Sizing up the effort by identifying

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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.

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