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Calypso Makes Regulatory Update to Workstation

The new rules, which were published on Oct. 5, 2009, take a tougher stance on liquidity requirement for banks. The rules include an updated quantitative regime coupled with a narrow definition of liquid assets; over-arching principles of self-sufficiency and adequacy of liquid resources; enhanced systems and controls requirements; granular and more frequent reporting requirements; and a new regime for foreign branches that operate in the U.K.

As part of the upgrades, Calypso has introduced a

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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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