DTCC advances ‘Cloud First’ strategy
16 April 2026 US, UK, Hong Kong, Singapore, Australia
Image: KanawatTH/stock.adobe.com
The Depository Trust & Clearing Corporation (DTCC) has outlined developments in its Cloud First strategy, which includes partnerships with Amazon Web Services (AWS) and Microsoft, in a bid to “strengthen the resiliency, scalability, security, and speed” of the firm’s core and digital assets platforms.
By working with AWS, DTCC aims to modernise its core clearance and settlement capabilities, along with risk applications, by making them more modular, cloud-enabled, and resilient.
The migration intends to enhance operational resilience through the addition of redundancy, improving fault isolation, and enabling more robust contingency and recovery capabilities.
AWS is supporting this phase of the Cloud First strategy through its provision of the public cloud infrastructure for specified core applications serving the firm’s clearing agency subsidiaries: The National Securities Clearing Corporation, Fixed Income Clearing Corporation, and The Depository Trust Company.
DTCC is expanding its partnership with Microsoft to innovate and accelerate the deployment of the DTCC Digital Assets service on Microsoft’s cloud computing platform, Azure.
Through Azure, DTCC says it will be able to design and operate digital asset platforms that can “scale dynamically, support new market use cases, and evolve alongside rapidly changing technologies”.
Microsoft will extend its current work with DTCC Digital Assets to include all initiatives across the business, including plans to advance digital market infrastructure and support the development of digital asset platforms.
DTCC will leverage Microsoft’s AI and engineering capabilities, in addition to insights from Microsoft Research.
Speaking on the initiative, Lynn Bishop, DTCC managing director and chief information officer, 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.”
Scott Mullins, managing director, Worldwide Financial Services at AWS, comments: “We look forward to continuing our work with DTCC to power some of its most mission-critical workloads as they accelerate innovation at the scale that global markets require, while strengthening the operations that underpin the financial industry.”
Corporate vice president, Worldwide Financial Services at Microsoft, Bill Borden, adds: “We’re at a pivotal moment in financial services, where the convergence of cloud and digital assets is fundamentally redefining market infrastructure.”
By working with AWS, DTCC aims to modernise its core clearance and settlement capabilities, along with risk applications, by making them more modular, cloud-enabled, and resilient.
The migration intends to enhance operational resilience through the addition of redundancy, improving fault isolation, and enabling more robust contingency and recovery capabilities.
AWS is supporting this phase of the Cloud First strategy through its provision of the public cloud infrastructure for specified core applications serving the firm’s clearing agency subsidiaries: The National Securities Clearing Corporation, Fixed Income Clearing Corporation, and The Depository Trust Company.
DTCC is expanding its partnership with Microsoft to innovate and accelerate the deployment of the DTCC Digital Assets service on Microsoft’s cloud computing platform, Azure.
Through Azure, DTCC says it will be able to design and operate digital asset platforms that can “scale dynamically, support new market use cases, and evolve alongside rapidly changing technologies”.
Microsoft will extend its current work with DTCC Digital Assets to include all initiatives across the business, including plans to advance digital market infrastructure and support the development of digital asset platforms.
DTCC will leverage Microsoft’s AI and engineering capabilities, in addition to insights from Microsoft Research.
Speaking on the initiative, Lynn Bishop, DTCC managing director and chief information officer, 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.”
Scott Mullins, managing director, Worldwide Financial Services at AWS, comments: “We look forward to continuing our work with DTCC to power some of its most mission-critical workloads as they accelerate innovation at the scale that global markets require, while strengthening the operations that underpin the financial industry.”
Corporate vice president, Worldwide Financial Services at Microsoft, Bill Borden, adds: “We’re at a pivotal moment in financial services, where the convergence of cloud and digital assets is fundamentally redefining market infrastructure.”
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