DTCC makes public cloud move with AWS and Microsoft

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Having received the green light from the SEC last year, clearing giant DTCC has inked a multi-year deal with AWS to help incrementally migrate a defined set of core applications to a public-cloud infrastructure.

The partners will modernise core clearance and settlement systems and risk applications by rearchitecting them to be more modular, cloud-enabled and resilient. The move will cover the National Securities Clearing Corporation, Fixed Income Clearing Corporation and The Depository Trust Company subsidiaries.

The DTCC says this will boost operational resilience by adding redundancy, improving fault isolation, and enabling more robust contingency and recovery capabilities.

The firm also claims that a public-cloud infrastructure will support the adoption of advanced AI capabilities, which require ready access to scalable processing power, real‑time data and modern governance. DTCC is using AWS’s AI tooling to enhance developer productivity and speed software development and testing.

Meanwhile, the clearing firm’s digital assets business is expanding its partnership with Microsoft. Having already re-platformed the ComposerX service and hosted its ComposerX Capital Markets Platform and Factory solutions on Azure, DTCC will now migrate Digital Launchpad to Azure by the end of 2026.

The firm has also deployed Microsoft 365 Copilot across the organisation, embedding AI into core workflows to streamline collaboration and support faster, more informed decision making.

Lynn Bishop, MD, CIO, DTCC, says: “Our Cloud First strategy enables us to transform our core services, introduce new capabilities more quickly, and advance adoption and use of digital assets while meeting the rigorous expectations of the market and regulatory bodies.”