DTCC commits to cloud technology
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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