Unlock a new era of innovation and collaboration
Financial services firms are under pressure to meet shifting regulatory requirements, scale digital platforms, and innovate against emerging competitors, all while navigating an increasingly complex data landscape. The Financial Services Data Cloud is helping many of the world’s leading financial institutions embrace these challenges, and evolve their businesses.
The Financial Services Data Cloud is a connected network that enables financial firms to thrive in a data-intensive, highly regulated, and competitive environment with the help of Snowflake’s platform capabilities, tailored solutions delivered by Snowflake and our partner ecosystem, and the growing amount of financially-relevant data that is natively available in Snowflake’s Data Cloud.
Reduction in Data Warehousing Costs
“Across all ecosystems, Snowflake is enabling millions of dollars in savings per year for Western Union by reducing the amount of engineering, maintenance, licenses, and support“
Cloud Data Engineering & Conversational AI Group Leader, Western Union
“Other financial companies are going into the cloud, but they’re tiptoeing in. We’re the first bank to move all into the public cloud.. and we found the Snowflake Data Cloud to be revolutionary.“
Senior Director of Data Engineering, Capital One
WHy snowflake’s Financial services data cloud?
Unified Data Governance and Security
Single platform with fine-grained governance and access controls, infrastructure as code, and private network access for all three clouds.
Interconnected, Global Network
Connect to 600+ datasets* and connected industry platforms like Aladdin, State Street Alpha and EY Comply. Securely share data with BUs, partners and customers.
*As of July 31, 2021
Elastic, Intelligent Infrastructure
Built-in performance optimizations, data management, and administration as a service. Elastically add resources and pay only for what you use.
See how BlackRock Aladdin is Powered by Snowflake and provides a seamless data experience to customers.
Eliminate data silos and create a complete view of the customer on a single platform powering analysts, data scientists and applications.
Use Snowflake’s elastic performance engine to power massive-scale consumer and field-facing applications and increase developer velocity.
Easily test and quickly incorporate new data from 3rd parties with Snowflake’s data sharing. Get insights from alternative data on one platform.
Drive scale and operational efficiencies by digitalizing processes and removing constraints of legacy data silos.
Power value at risk modeling and backtesting, and fraud detection, with Snowflake’s elastic performance engine and unified access to data, and partners like Dataiku and AWS Sagemaker.
Meet regulatory requirements, while sharing live access to data through a single platform. Snowflake’s Data Cloud is CDMC- compliant.
Accelerate and simplify regulatory reporting. Engage partners with native end-to-end solutions like EY Comply.
Depend on infrastructure as code, private connectivity access for all three clouds, tri-secret secure encryption, and built-in data classification.
Monitor compliance against enterprise security controls like NIST, ISO, CIS or others, using Snowflake. Hear from our CIO.