DTCC migrates core infrastructure to public cloud with AWS and Microsoft
Key Facts
The Depository Trust & Clearing Corporation (DTCC) has announced a strategic partnership with cloud giants Amazon Web Services (AWS) and Microsoft. This initiative involves migrating DTCC's core market infrastructure and digital market infrastructure to the public cloud. DTCC will utilize AWS for its core clearance and settlement systems, while expanding its partnership with Microsoft to migrate its Digital Launchpad digital assets platform to Azure. This technological shift aims to modernize legacy systems and enhance the operational resilience of critical financial infrastructure. The migration will also enable DTCC to support the adoption of advanced AI capabilities within its operations. This announcement represents a significant step in modernizing the foundational infrastructure of global capital markets.