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Clear and Settled?

Settlement

Consolidation and market practice harmonization of platforms is high up on the European clearing and settlement agenda. Euroclear, the Brussels-based settlement system for securities transactions, for example, is now about to realize one part of its vision of a single Europe. In January 2009, it will consolidate multiple processing platforms into one single platform (SP) aimed at reducing the settlement of securities transaction risks and curbing fragmentation challenges.

This will have an impact

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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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