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HSBC Rolls Out Corporate Actions Phase II

LONDON - HSBC Securities Services (HSBC) has created a full audit trail for corporate actions, in a second phase of its corporate actions project focused on implementing the CheckFree eVent platform, according to officials at the FTF News Corporate Actions Processing Conference in London in April.

The new system provides HSBC with improved control, enabling it to audit events throughout the lifecycle. The first part of the second phase completes in May and will include position processing from

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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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