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First-Sighting of Revolution is Unicorn

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Neil Smyth, head of technology, StatPro

StatPro Group has announced that Unicorn Asset Management is the first firm to implement the vendor's new cloud-based portfolio analysis tool, Revolution. StatPro's marketing and technology director Neil Smyth tells BST that over the last year or so buy-side firms have become more comfortable with cloud-based solutions and he expects interest to grow rapidly.

"We've seen a change in opinions over the last 12 to 18 months, but internet and cloud-based solutions are definitely becoming a more

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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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