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SE Banken Tests Facts From Iss For Portfolio Sensitivity Analysis

THIS WEEK'S LEAD STORIES

Last year, the currency options trading desk in the New York office of Skandinaviska Enskilda Banken, a large Swedish bank, began testing a new decision support tool from Investment Support Systems Inc. Called FUTRAK Advanced Currency Trading System (FACTS), the tool allows the bank's traders to analyze their positions in exchange-traded and over-the-counter currency options in near-real time.

With the introduction of FACTS, New Jersey-based ISS extends its product line into the front office. For

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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.

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