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DTCC's Avox adopts Amazon Web Services cloud

First Published 21st July 2016

London and Wrexham - The Depository Trust & Clearing Corporation has announced that its Avox Data Services, the provider of legal entity reference data, has migrated its data servers to Amazon Web Services (AWS).

"Providing safety and certainty to the financial services industry requires DTCC's team of engineers, programmers and developers to continuously explore new ways to leverage technology-based solutions to enhance the client experience," said Donna Milrod, Managing Director and Head of DTCC Solutions. "With this in mind, DTCC built a post-production environment in the AWS Cloud."

DTCC's Avox Data Services, which integrates with Clarient Entity Hub, the GMEI utility and Omgeo ALERT, will receive AWS 24/7 support.

DTCC also recently leveraged AWS for real-time swaps data reporting -eliminating the need to buy, build and maintain internal servers, storage and security structures.