AMZN
DTCC Moves Core Market Systems To Cloud With Amazon By Decade End
Article Summary
HOLD- Depository Trust & Clearing Corp. (NYSE: DTCC) is working with Amazon.com Inc. (NASDAQ: AMZN) to transition its clearing, settlement, and risk-management systems to the cloud by the end of the decade, with the effort built in partnership with Amazon Web Services being rolled out in phases with Chief Information Officer Lynn Bishop pointing to resiliency as central driver.
- The firm is aiming to design infrastructure that could be more flexible and scalable potentially allowing it to better adapt to shifts in trading activity while supporting the long-term evolution of market structure.
- The transition follows a key regulatory step after the Securities and Exchange Commission issued no-objection letter last year permitting DTCC to host a subset of its clearing and settlement systems on public cloud, with development suggesting gradual shift in regulatory stance toward cloud adoption for critical financial infrastructure.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 12.4% | 25% | 50.0 ptsMeets Minimum (12.4%) - Passes screener |
| EPS Growth Next 5Y ? | 18.0% | 25% | 50.0 ptsMeets Minimum (18.0%) - Passes screener |
| Target Price Upside ? | 12.8% | 20% | 50.0 ptsMeets Minimum (12.8%) - Target: $280.77 vs Current: $248.90 |
| Gross Margin % ? | 50.3% | 15% | 80.0 ptsVery Healthy (50.3%) - High-quality margins |
| Drawdown from 52-Wk High ? | -3.8% | 15% | 20.0 ptsBarely a Dip (-3.8%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About AMZN
- Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
- The company operates through three segments: North America, International, and Amazon Web Services (AWS).
- It also manufactures and sells electronic devices, including Kindle, fire tablets, fire TVs, echo, ring, blink, and eero; and develops and produces media content.
- In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, independent publishers, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content.
- Further, it provides compute, storage, Artificial intelligence, database, analytics, machine learning, and other services, as well as advertising services through programs, such as sponsored ads, display, and video advertising.
- Additionally, the company offers Amazon Prime, a membership program.
- The company's products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers.
- It serves consumers, sellers, developers, enterprises, content creators, advertisers, and employees.
- The company was incorporated in 1994 and is headquartered in Seattle, Washington.