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DTCC, Markit agree further integration

DTCC's Loan/SERV Reconciliation Service automates and streamlines the processing of commercial loans by enabling agent banks and lenders to view and reconcile loan positions on a daily basis.

Markit WSO provides institutional investors with a range of services for managing loan portfolios, including an accounting system for recording loan trades, and principal and interest payments, as well as real-time data and pricing on global syndicated loans.

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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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