DTCC and Amazon Web Services announce cloud migration for core clearing systems
New York, United States – April 15, 2026 — The Depository Trust & Clearing Corporation (DTCC) and Amazon Web Services announced a multi-phase partnership to migrate the firm’s clearing, settlement, and risk-management systems to the cloud by the end of the decade. The deal will boost scalability and operational resilience for the institution that processes the majority of US stock trades. This accelerates DTCC’s digital transformation amid rising market demands and record transaction volumes.
Overview
The partnership targets completion by 2030 and encompasses DTCC’s core post-trade infrastructure, including clearing, settlement, and risk management platforms. Financial terms of the agreement remain undisclosed. The phased migration builds on DTCC’s 2016 move of reference data services to AWS and comes as the firm processed record volumes in 2025, including $11.4 trillion in government securities transactions in a single day. The Fixed Income Clearing Corporation unit reported a 32% year-over-year volume increase in 2025.
Announcement Specifics
The partnership targets completion by 2030 and encompasses DTCC’s core post-trade infrastructure, including clearing, settlement, and risk management platforms. Financial terms of the agreement remain undisclosed. The phased migration builds on DTCC’s 2016 move of reference data services to AWS and comes as the firm processed record volumes in 2025, including $11.4 trillion in government securities transactions in a single day. The Fixed Income Clearing Corporation unit reported a 32% year-over-year volume increase in 2025.
Stakeholder Perspective
“DTCC is building systems to shift its clearing, settlement and risk-management tools to the cloud in phases, with the help of Amazon Web Services.”
— Lynn Bishop, Chief Information Officer at DTCC
Why it matters: The statement underscores DTCC’s strategic commitment to cloud infrastructure as operational resilience becomes critical for handling volatile market conditions and unprecedented transaction volumes.
Industry Context
Cloud adoption across financial services institutions continues to accelerate as firms seek operational efficiency and the ability to scale during market volatility. DTCC’s migration represents one of the largest infrastructure modernization efforts by a systemically important financial market utility. The move positions the clearing giant to leverage artificial intelligence capabilities and advanced analytics while potentially reducing infrastructure costs.
For MENA fintech ecosystems, DTCC’s cloud migration may enable faster settlement times for regional institutions interfacing with US markets. DTCC’s 2023 acquisition of Abu Dhabi-based digital asset infrastructure provider Securrency signals the firm’s interest in MENA’s digital finance sector, suggesting cloud infrastructure benefits could extend to regional digital asset initiatives in hubs like Abu Dhabi and Dubai.
Conclusion
The cloud partnership positions DTCC to handle future volume growth and technology innovations while setting a benchmark for legacy financial infrastructure modernization. Regional clearing houses and market infrastructure providers in MENA may observe this migration as a template for similar digital transformation initiatives.
Sources: Bloomberg, DTCC, PostTrade 360, Finextra, Lara on the Block
