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Thin Client Technology Will Rule Post-Sept. 11

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Post-September 11, the global financial industry has at last begun to seriously investigate the long-held advantages of a truly devolved computing and application infrastructure.

No longer will major financial concerns risk concentrating all of their assets in both staff and data in one physical location. The 1990s trend to centralize operations in ever more prestigious locations reached its apogee when major investment banks in London would merge all of their disparate equities and debt trading

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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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