Stock-Clearing Firm DTCC Taps Amazon to Aid Shift to Cloud

Depository Trust & Clearing Corp., the main firm responsible for clearing US stock trades, is working with Amazon.com Inc. to move its core systems to the cloud by the end...

By Katherine Doherty · Bloomberg Markets

Depository Trust & Clearing Corp., the main firm responsible for clearing US stock trades, is working with Amazon.com Inc. to move its core systems to the cloud by the end of the decade.