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Middleware Takes Hold

TTW CELEBRATES FIVE YEARS

Five years ago, middleware, which became known as enterprise application integration (EAI) software, was earning a great deal of legitimacy, particularly Corba standard offerings.

For instance, the former Deutsche Morgan Grenfell (DMG) used Iona Technologies' object request broker (ORB) middleware (TTW, Oct. 27, 1997) to help unify repo trading systems. Middleware quickly proved to be financially viable for many vendors including the former New Era of Networks (Neon), which landed an estimated

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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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