DTCC to migrate core systems to cloud

The Depository Trust & Clearing Corporation (DTCC) has announced plans to migrate its core systems to the cloud by the year 2030. This significant technological undertaking will involve a partnership with Amazon Web Services (AWS). The move is expected to modernize DTCC's infrastructure, enhance scalability, and improve operational resilience. By leveraging cloud technology, DTCC aims to ensure the continued safety and efficiency of critical post-trade market infrastructure. This strategic shift represents a major investment in future-proofing its services.