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

Snowflake Acquisition of Samooha Enhances Secure Data Collaboration

Subscribe to our newsletter

Snowflake is enhancing its ability to offer secure data collaboration backed by governance, privacy and data security following its recent acquisition of data clean room specialist Samooha. Built exclusively on Snowflake, Samooha offers both technical and business users product environments with industry specific workflows, as well as an intuitive product experience and interface that make it relatively easy to build data clean rooms that run natively in the Snowflake Data Cloud.

Building a data clean room from the ground up can be challenging and require technical expertise and significant investment. By prioritising ease of use, Samooha speeds up data clean room set-up and reduces complexity, while leveraging the built-in security and governance capabilities of Snowflake to ensure customer data is secure and governed.

Samooha previously partnered with Snowflake and collaborated to build a data clean room native application that allowed enterprises to achieve tangible business value with their data. Based on the Snowflake native app framework, Samooha clean rooms, backed by privacy enhancing technologies, now go beyond SQL queries to support machine learning and AI workloads that dig deeper into common enterprise data patterns.

The acquisition was concluded towards the end of December 2023 and sees Samooha’s co-founders and data privacy experts – CEO Kamakshi Sivaramakrishnan and CTO Abhishek Bhowmick – joining the Snowflake team along with other Samooha employees.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Data Infrastructure Faces Stress Test as Private Credit Consolidation Beckons

By Charles Sayac, Managing Director EMEA West, NeoXam. A bout of consolidation unseen in the sector’s history may be on the cards for the private credit space – one that threatens to unearth a host of complex data challenges for the unprepared. A recent Carne Group report revealed almost all (96 per cent) of private debt managers...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...