DTCC Taps Amazon for Cloud Migration

The Depository Trust & Clearing Corp. (DTCC), a critical player in the US stock trading infrastructure, has partnered with Amazon Web Services (AWS). This collaboration aims to migrate the DTCC's core systems to the cloud by 2030. The move is expected to enhance the firm's technological capabilities and operational resilience. By leveraging Amazon's extensive cloud expertise, DTCC seeks to modernize its infrastructure, improve data management, and ensure the security and efficiency of its services for the financial industry.