SlyceData announced that it has launched an intelligent financial data wrangling and analytics platform Powered by Snowflake. This solution from SlyceData and Snowflake, the Data Cloud company, can enable investment researchers to seamlessly explore and extract their various financial data sources across vendors - dramatically accelerating investment idea generation. SlyceData's technology is Powered by Snowflake, which is a technology program which accelerates the ability of companies and application developers to deliver differentiated applications.

SlyceData leverages Snowflake's performance and flexibility to enable clients to combine their various financial data sources seamlessly, meaning they can use data more efficiently to discover insights and drive portfolio returns. SlyceData and Snowflake solve the time consuming yet crucial problem of preparing research-ready data for investment analysis, enabling clients to utilize more sources and discover new insights. According to a recent HBR article, data scientists spend 80% of their time preparing data, and only 20% analyzing it - a dynamic SlyceData intends to flip.