About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

S&P Global Market Intelligence to Distribute Data Through Snowflake Cloud

Subscribe to our newsletter

S&P Global Market Intelligence today confirmed a new collaboration with cloud data specialist Snowflake to deliver S&P Global’s financial, textual, ESG and alternative data through Snowflake’s cloud platform. In doing so, S&P Global becomes the latest major data provider to join Snowflake’s growing mandate (along with FactSet, who teamed up with the cloud provider back in January), while Snowflake becomes the first cloud-hosted delivery option added to the S&P Global Marketplace.

Users can now access all of S&P Global’s data via Snowflake, which should in theory remove the data ingestion process altogether, thus improving both productivity and efficiency. The Snowflake Data Marketplace is built on top of Snowflake’s Secure Data Sharing technology, and provides an accessible platform for organizations to find, share and access content. Through Snowflake, S&P Global and select-third party data is now available to query and easily accessible via multiple cloud platforms and enables direct integration with more than 80 third-party data vendors.

“Clients are looking to work with vendors that can simplify the ingestion and linking of data, allowing users to focus on deriving insight,” said David Coluccio, Managing Director, Data Management Solutions at S&P Global Market Intelligence. “We are excited to work with an innovative company such as Snowflake to allow our clients to quickly access, utilize and maximize the value of their data, which is vital given the speed at which today’s global markets operate.”

The partnership is just the latest in a growing trend towards cloud migration, which has become one of the hot button topics of 2020. Cloud-based delivery enables customers to simplify their data management and work with multiple large datasets more efficiently – crucial in today’s increasingly fragmented working environment and with the coronavirus driving a push towards remote working.  Snowflake has benefited from this trend – one of the rising stars in the cloud firmament, the firm filed for an IPO last week in what could be one of the most exciting public offerings in the tech space this year.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

Overcoming Data Challenges of Rapidly Evolving ESG Space: ESG Data and Tech Briefing Preview

The rapid maturation of ESG data integration and utilisation within financial institutions has forced them to invest in new technology and data management processes. The rate of change, however, has been a challenge for some organisations, which have struggled to put in place the necessary capabilities to absorb, order and deploy such large volumes of...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2019/2020 – Seventh Edition

Welcome to A-Team Group’s best read handbook, the Regulatory Data Handbook, which is now in its seventh edition and continues to grow in terms of the number of regulations covered, the detail of each regulation and the impact that all the rules and regulations will have on data and data management at your institution. This...