Snowflake
A consolidated effort: State Street and FactSet look to take interop to the next level
Firms aim to provide a front-to-back data flow for asset managers, forming “deeper relationships” with their clients.
Waters Wrap: Snowflake’s cloud plans and what they mean for the interop movement
Upstart Snowflake hopes to be the global data network that brings true interoperability between data and trading platforms across the capital markets. Anthony says it’s an audacious plan, but one worth watching.
One view to rule them all: Buy side firms seek to unify their data
Asset management firms still struggle to consolidate their data so that it speaks the same language across different business lines. Some new SaaS-based investment management vendors are aiming to solve this.
Slow burn to a big bang: How the new wave of tech is changing market data platforms
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can…
Disrupting data delivery: AWS Data Exchange gains ground with addition of FactSet content
Leveraging AWS’s presence on Wall Street, Data Exchange has the potential to shake up traditional financial data delivery and contracts, if it can add relevant content and overcome challenges like real-time streaming and connectivity in the cloud.
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
Waters Wrap: Owning the data & doing something unique with it—the ultimate alchemy
Based off of Max Bowie’s recent deep-dive feature, Anthony says that the world of alt data M&A—and the factors that drive these deals—is likely to change in the near future. For an analogy, just look to sushi.
This Week: Bloomberg, Broadridge, Rimes, Glue42, and more
A summary of some of the past week’s financial technology news.
Swedish bank finds Covid-19 recovery insights in alt datasets
High-frequency data such as human mobility data and plastic shipments can help investment professionals understand the post-pandemic economic reopening.
This Week: IHS Markit; IceExchange/ BondLink; TickSmith/Snowflake
A summary of some of the past week's financial technology news.
A kick in the privates: In-demand unlisted stock trading faces tech, transparency challenges
Private stocks are opaque, illiquid, behave differently from public markets, and lack the same infrastructure as public marketplaces, creating back-office integration challenges for firms that want to trade these stocks in a more liquid manner. But as…
This Week: DTCC, SIX-Orenda, Neuravest, Overbond, Quod, and more
A summary of some of the past week’s financial technology news.
Vendors Continue to Move Products, Services to the Cloud: Some Examples
Last year, most (if not all) financial technology providers either completed or started major projects that involved moving their products and services to the cloud. WatersTechnology looks at 15 of the more interesting cloud-migration initiatives from…
FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
FactSet’s mapping service, Concordance, can be used on its own or with Snowflake’s cloud, enabling users to apply the offering to other datasets in Snowflake’s ecosystem.
Crux Extends Google Cloud Partnership with Data Catalog Integration
After partnering with GCP last year, the data delivery vendor is working on its most in-depth integration thus far.
This Week: CME, Katana/IHS Markit, S&P, SmartStream, Causality Link & More
A summary of some of the past week’s technology news
Waters Wrap: Snowflake Makes its Move (And Ref Data Headaches & Data-Sourcing-as-a-Service)
Anthony explores how Snowflake is trying to win over business in the cap markets, talks about the reference data space, and examines a new breed of data vendors.
This Week: SGX/Cassini, UBS/GitLab, QuantConnect & Snowflake
A look at some of the past week's financial technology news.
Snowflake Looks to Tackle Data Problems of Asset Managers, Exchanges
Snowflake is already working with the New York Stock Exchange on how to make its data easier to access for the pair’s overlapping clients.
FactSet Datasets Go Live on Snowflake Data Warehouse
FactSet is the first major data provider to make content available via the cloud-based data-warehousing platform.
Vendor Lock-In Creates Barriers to Digital Transformation Efforts
Voya Financial and Blackstone execs discuss the role that fintechs play in firms' digital transformations, and caution them not to rely so heavily on vendors.