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Bank of Bermuda White-Labels RiskHedge

The Bank of Bermuda, HSBC’s hedge fund administrator unit, recently inked a deal to offer SunGard Reech’s Reech RiskHedge Web-based risk management reporting to its customers under the firm’s Global Fund Services (GFS) division as GFSRiskPlus. The new offering, which also will be integrated with the firm’s back-end accounting system that contains underlying portfolio information, lets hedge fund managers monitor market, credit and liquidity risks and perform

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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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