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Out of the Crisis

Some industry participants say the financial crisis is now giving way to some green shoots of recovery. What trends are you seeing in your day-to-day job?

Bob Schork, metadata architect at TEKsystems at Bank of America: I think now, finally, some financial institutions are realizing they have a big data problem, and that it is multiplying. But only some of these corporations are implementing consolidation efforts. The institutions that do will be ahead of their competition.

Mike Atkin, managing

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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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