DTCC commits to cloud technology

Cloud
By Costas Mourselas
15 May 2017

The Depository Trust & Clearing Corporation (DTCC) on Monday committed to expanding its use of cloud technology “across a much greater range of its services and applications” over the next three to five years.

The announcement comes as part of a white paper developed inhouse, titled 'Moving Financial Market Infrastructure to the Cloud', which argues that cloud vendors' services have better “resiliency and security” than on-premises data centers.

“We believe cloud computing has moved past a tipping point and that the security, ...

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