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A Chance of Clouds

In one camp is Bank of America/Merrill Lynch's strategy of basing the internal cloud on a global file system, which contains every version of every application that is cached regionally on the global network and then mounted locally when and where it is needed.

Then there is IBM's Open Cloud Manifesto that wants everyone to work together around a core set of development principles to keep cloud computing technology as open as possible.

This week, another strategy has come to the fore with 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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