The TS7700C provides a really nice option for what you are being asked to do.  
You can continue to take the backup copies that you do today, and have the 
TS7700 seamlessly migrate them out to the cloud for you.  Best of both worlds!

If you want to go directly to the cloud, the DFSMShsm/dss, DS8K transparent 
cloud tiering provides the value that 100% of the data movement is performed by 
the DS8K.  None of the disk data passes through Z!  DFSMShsm TCT migration has 
been available for some time.  This gives you the capability to create a fast 
PiT backup on disk with DSS (with FlashCopy, all of the data movement is within 
disk controller), and then have HSM automatic migration move them to the cloud 
with tct.  So, you get PiT backup copies in the cloud, with none of the data 
passing through Z.  Also, DSS just announced this capability for Full Volume 
Dump and HSM has a statement of direction to provide the same for it's dump 
capabilities.  DS8K TCT now supports compression when targeting a TS7700.  
Compression when targeting cloud object storage is in the short term roadmap.  
The DS8K natively encrypts the data, so that you have the piece of mind that 
the data was encrypted on your Z platform before it even lands on the ip 
connection to the cloud.

Cloud Tape Connector is another nice IBM option that allows you to spin off a 
tape copy to cloud.

Reach out to me if you would like any more information on any/all of the 
options and I can connect you with the folks to get you more information.
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