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G30 Report Takes Aim at Back-Office Practices

OPERATIONS & STP

LONDON--A Washington-based think tank, Group of Thirty (G30), released a report that it hopes will hasten the automation and interoperability of global clearing and settlement practices via 20 recommendations for improvement.

G30, which is comprised of leaders from central banking, private finance and academia, hopes that setting out its proposals as a plan of action will cause clearing and settlement practices to evolve faster. The report centers its recommendations on three areas: improving

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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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