Waters Rankings 2022: Best cloud-based application provider—S&P Global Market Intelligence
Overview
S&P Global Market Intelligence has seen a significant uptick in the number of clients pursuing digitization strategies and weighing up the benefits of the cloud vs. on-premises technology infrastructure and computing solutions. It was important for the firm to provide a fully managed cloud solution that meets the changing demands for data delivery. S&P Global data via Snowflake was launched as part of an ongoing initiative to invest in the flexible and open distribution of quality data to clients.
“We have a long partnership with S&P Global Market Intelligence, and the breadth and depth of their financial data are unmatched in the industry. S&P Global Market Intelligence and Snowflake’s new cloud-hosted delivery platform has unlimited speed and scale combined with the ability to store structured and semi-structured data, allowing our data scientists to readily access all our data in a single location.”
The Solution
S&P Global data via Snowflake allows S&P Global’s clients to reduce time to insights, eliminate data transformation, improve operational efficiency and streamline workflows. With direct integration into existing views and workflows―including access to over 100 third-party vendors without the need to extract and transform before using―clients can get data faster and reduce the time, effort, and cost associated with data analytics.
Secret Sauce
S&P Global’s cloud-based delivery offers customers a managed and scalable solution that simplifies their access to data and enhances their ability to work with large datasets more efficiently. Through Snowflake, S&P Global and selected third-party data is fully managed and ready for clients to query. Clients can access the service via the cloud platform of their choice, including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP).
Recent Milestones
Over the past 12 months, S&P Global has provided a managed service and cloud delivery option to its clients, which is important in the midst of the ongoing work-from-home environment. This includes access to over 65 datasets, including the firm’s key traditional/fundamental datasets, ESG, textual data, curated third-party alternative data and more.
“Clients are looking to work with vendors that can simplify the ingestion and linking of data, allowing users to focus on deriving insight. 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.”
Future Objectives
Over the next 12 months, S&P Global will continue to focus on providing all datasets available via its feed solution, Xpressfeed, on Snowflake’s cloud data platform. Additionally, following its recent merger with IHS Markit, S&P Global will add datasets originated from IHS Markit to allow a single point of access for its clients. Finally, the firm will be working to provide data solutions, such as Kensho Link, via Snowflake to help clients with their data linking challenges.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Buy-Side Technology Awards 2024 winner’s interview: Artificial Intelligence Risk
CEO of AI Risk discusses how its AIR-GPT platform earned the company Best buy-side AI platform or tool (compliance) at the BST awards
AFTAs 2024: Best AI/machine learning initiative—TCW Group
Project name: EU Securitization Regulatory & Compliance
AFTAs 2024: Best IT team—TCW Group
Project name: ETF Launch Project
Buy-Side Technology Awards 2024 winner’s interview: Kaizen
Kaizen won the Best market surveillance platform category in this year’s BST Awards, discussed in this video with Kaizen’s vice-president
AFTAs 2024: All the winners
Here are the winners of the 27 categories in the 2024 American Financial Technology Awards. This year's multi-category winners are JP Morgan Asset and Wealth Management, Morgan Stanley, TCW Group and Northern Trust.
AFTAs 2024: Best data management initiative—Bank of America
Project name: Enterprise DataConnect
Buy-Side Technology Awards 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won Best buy-side managed data service for the second consecutive year thanks to its iLEVEL Managed Data Services offering
SimCorp back to its winning ways
What separates SimCorp’s Ibor from similar offerings across the buy side, and its foundational role in the creation of the firm’s recently unveiled investment management platform, SimCorp One.
