Snowflake Launches the Financial Services Data Cloud to Accelerate Customer-Centric and Data-Driven Innovation in the Financial Services Industry
September 14, 2021 at 09:01 am EDT
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Snowflake announced the Financial Services Data Cloud, which unites Snowflake’s industry-tailored platform governance capabilities, Snowflake- and partner-delivered solutions, and industry-critical datasets, to help Financial Services organizations revolutionize how they use data to drive business growth and deliver better customer experiences. As customer expectations, regulatory requirements, and data volumes rise, Snowflake’s Data Cloud helps organizations accelerate their top-line growth and innovation while mitigating risk. Banking, insurance, fintech, and investment management customers, and others in the financial services industry, can utilize Snowflake’s Financial Services Data Cloud to launch new customer-centric products and services, build fintech platforms of the future, and accelerate their compliance and regulatory compliance. Industry-leading customers like Allianz, AXA, BlackRock, Capital One, NYSE, Refinitiv, Square, State Street, Western Union, and Wise, are already part of the Financial Services Data Cloud. In addition, Snowflake announced Solution Accelerators: resources designed to accelerate customers’ time to value, including open data models, solution reference architectures, and related professional services offerings.
Snowflake Inc. is a Data Cloud company. The Companyâs platform is the technology that powers the Data Cloud, enabling customers to consolidate data into a single source of truth to drive meaningful business insights, build data applications, and share data and data products. Its platform unifies data and supports a variety of workloads, including data warehousing, data lakes, and Unistore, as well as collaboration, data engineering, cybersecurity, data science and machine learning, and application development. The Company has developed technology across its platform, including managed service, storage, query capabilities, compute model, data sharing, global infrastructure, and integrated security. The Company also provides frictionless and governed data access so users can securely share data inside and outside of their organizations, generally without copying or moving the underlying data.
SNOWFLAKE INC. 
