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Sweating the Small Stuff

FEATURE

Preparing for catastrophes is only part of it. More frequently (albeit less extensively), firms are testing their readiness for water main breaks, subway strikes and power outages.

The recent government interagency regulatory white paper on Wall Street’s business continuity planning has the industry girding for the next "wide-spread regional disruption." The vagueness of the term has the entire financial services industry making plans to respond to the full spectrum of possibilities.

"Some members

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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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