Skip to main content

by Karen Gregory

More on This Topic

DTCC Gives Back to Its Communities

The New York State Energy Research and Development Authority (NYSERDA) singled out DTCC as a winner of its first annual New York State Data Center Energy Efficiency Leadership Award. The other recipient of the award was the University at Buffalo.

“Data centers are an energy-intensive industry that is an increasingly important sector in New York’s economy,” said NYSERDA president and CEO Francis Murray. “The Depository Trust & Clearing Corporation and the University at Buffalo have demonstrated exceptional leadership and vision in making their data centers more energy efficient. Their work serves as a model for this growing and important industry that will help create jobs throughout New York State.”

The awards were presented by the Uptime Institute Symposium in May.

Right balance

The world’s data centers consume huge amounts of energy, which gives organizations like DTCC, whose data centers operate 24/7, an opportunity to make big energy savings.

However, given the financial industry’s reliance on DTCC’s systems, initiatives to curb the company’s energy consumption cannot impact the reliability of its data centers and the high availability demands of its clients.

“DTCC aggressively implements initiatives to reduce the carbon footprint of our data centers, while ensuring our systems reliability is never compromised,” said George Perretti, DTCC managing director, Information Services. “As we integrate green principles into the management of our facilities, we are leveraging new technologies and methods of operation that allow reliability and efficiency to go hand in hand.”

Steps to lower consumption

Over the past year, DTCC has implemented several layers of metering and measuring techniques to identify and track power consumption, according to Perretti. “By measuring consumption, we were better able to match our cooling systems with the critical load of the facilities,” he said.

DTCC also incorporated free cooling into its HVAC operations, something that is not easily done in a metropolitan area like New York City. (Free cooling refers to the use of outside air for air conditioning, when temperature and humidity con-ditions are ideal to do so.) In addition, it implemented operational measures such as power management of desktops and lighting controls to reduce its energy consumption.

On the horizon

Among future initiatives are programs to adjust the amount of fresh-air intake based on outside air temperature and to install variable frequency drives on computer room air conditioners to reduce fan power consumption, which would result in a 50% savings in electrical energy.

“Conserving energy on a continuous basis will bring significant savings for DTCC, which ultimately results in a lower carbon footprint for DTCC and lower fees for our customers,” Perretti added.

For information on NYSERDA’s Indus-trial and Process Efficiency program and available funding for manufacturing and data center energy improvements, visit or call 212.785.0292. @