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Interop after acquisitions remains daunting for buyers

Executives from a variety of vendors speaking at WFIC explained why desktop interoperability is important and why progress has been slow.

interoperability

For all the technological breakthroughs the last half-century has seen, “there hasn’t been a lot of change” for financial terminals since their earliest days, lamented Tim Baker while moderating a panel yesterday at the World Financial Information Conference (WFIC) in Austin, Texas.

“We still have relatively closed applications on our users’ desktops—but I think we’re on the verge of a very big change,” said Baker, who is the financial services practice lead for Expero.

Baker, who is also the

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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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