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This Week: ICE, DTCC, Northern Trust, Microsoft, and more

A summary of the latest financial technology news.

News

ICE launches service to identify entities and securities subject to sanctions programs

Intercontinental Exchange (ICE) has launched a service to help institutions comply with global sanctions, including those administered by the UN, EU, US, and others. The new service, which comes at a time of increased geopolitical uncertainty, uses ICE’s data offering and capabilities to identify securities, entities, and groups falling under sanctions programs.

Sanctions can target companies, governments

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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.

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