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Seeking efficiencies in the day-to-day running of an organization has become more important than ever during the current financial downturn-aka recession. Asset management firm Ridge Worth Capital Management, a subsidiary of Atlanta-based SunTrust, has migrated to a hosted version of Linedata's Longview order management system (OMS) and Linedata Compliance system. Outsourcing the infrastructure management and support of these systems will save the firm over $200,000 annually, according to Sean

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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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