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Reuters and Bloomberg Under Threat From Bank Web Sites, Says Study

VENDOR UPDATE

LONDON--Reuters’ and Bloomberg’s dominant position in the market for the electronic delivery of financial services for foreign exchange is under threat, says a recent study.

As the banks increasingly provide their own e-commerce services on the Internet, investors and corporations are turning to them for the information and services previously only available from the market data vendors, according to the latest research from Clientknowledge.com, a research and analytics consultancy.

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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.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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