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Icap Capitalizes on Back-Racking

WATERS SPECIAL REPORT

On a sunny spring afternoon, Keith Manz, the director of IT infrastructure for Icap North America, sat down with Waters to discuss his firm’s experience with back-racking traders’ desktop systems over the past few years. The new trend of locking down desktop PCs in the server room has been catching on across the industry. For Icap, it was a key design element in creating its new Jersey City, NJ-based trading floor that replaced its World Trade Center trading floor lost as a result of the

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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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