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: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

Data Quality Still Troubling Private Market Investors: Webinar Review

Obtaining and managing data remains a sticking point for investors in private and alternative assets as financial institutions sink more of their capital into the markets. In a poll of viewers during a recent A-Team LIVE Data Management Insight webinar, respondents said the single-biggest challenge to managing private markets data was a lack of transparency...

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 – Fifth Edition

In response to the popularity of the A-Team Regulatory Data Handbook, we have published a fifth edition outlining the essentials of regulations that are likely to have an impact on data and data management at your organisation. New to this edition is a section on RegTech, covering drivers behind the development of innovative regulatory technology,...