Refinitiv, a business of the London Stock Exchange Group, yesterday confirmed that it has launched quantitative analytics via snowflake’s financial services data cloud. Asset management firms and hedge funds will now be able to access Refinitiv quant data along with existing Snowflake vendor and proprietary data across numerous AWS and Azure cloud regions.
Refinitiv also highlighted the growing adoption of digital tools in the financial services sector. The company noted that the demand for efficient and cost-saving solutions in the digital economy has increased in the past few years. The availability of Refinitiv quant data via Snowflake will facilitate quant researchers.
Austin Burkett, Head of Quantitative Analytics and Content at Refinitiv, said: “Our clients require solutions that help the speed and simplify the data intake and concordance process. Our Quantitative Analytics service is a trusted and longstanding offering in the market, and its delivery through Snowflake magnifies its value to our mutual clients. We are thrilled to be partnering with Snowflake, as we share the objective of making data more easily accessible and usable.”
In 2021, LSEG completed the acquisition of Refinitiv. To enhance its presence, LSEG recently confirmed its plan to acquire financial technology provider TORA in a deal worth $325 million.
Refinitiv Quantitative Analytics
According to Refinitiv, the recent Snowflake launch offers a scalable platform to manage, maintain and integrate quantitative analysis and investment data.
Matt Glickman, Financial Services Industry Principal for Snowflake, said: “The Snowflake Data Cloud enables financial services customers to seamlessly discover, access, and collaborate with data without the traditional data movement challenges resulting in faster insights and decision making. We are extremely pleased to be partnering with Refinitiv to improve the workflows of quantitative researchers who now have the flexibility to integrate, join and query across their own portfolio data, Refinitiv’s financial forecast, fundamental and market data, topical ESG content as well as new alternative datasets.”
Refinitiv, a business of the London Stock Exchange Group, yesterday confirmed that it has launched quantitative analytics via snowflake’s financial services data cloud. Asset management firms and hedge funds will now be able to access Refinitiv quant data along with existing Snowflake vendor and proprietary data across numerous AWS and Azure cloud regions.
Refinitiv also highlighted the growing adoption of digital tools in the financial services sector. The company noted that the demand for efficient and cost-saving solutions in the digital economy has increased in the past few years. The availability of Refinitiv quant data via Snowflake will facilitate quant researchers.
Austin Burkett, Head of Quantitative Analytics and Content at Refinitiv, said: “Our clients require solutions that help the speed and simplify the data intake and concordance process. Our Quantitative Analytics service is a trusted and longstanding offering in the market, and its delivery through Snowflake magnifies its value to our mutual clients. We are thrilled to be partnering with Snowflake, as we share the objective of making data more easily accessible and usable.”
In 2021, LSEG completed the acquisition of Refinitiv. To enhance its presence, LSEG recently confirmed its plan to acquire financial technology provider TORA in a deal worth $325 million.
Refinitiv Quantitative Analytics
According to Refinitiv, the recent Snowflake launch offers a scalable platform to manage, maintain and integrate quantitative analysis and investment data.
Matt Glickman, Financial Services Industry Principal for Snowflake, said: “The Snowflake Data Cloud enables financial services customers to seamlessly discover, access, and collaborate with data without the traditional data movement challenges resulting in faster insights and decision making. We are extremely pleased to be partnering with Refinitiv to improve the workflows of quantitative researchers who now have the flexibility to integrate, join and query across their own portfolio data, Refinitiv’s financial forecast, fundamental and market data, topical ESG content as well as new alternative datasets.”
Source: https://www.financemagnates.com/institutional-forex/refinitiv-introduces-quantitative-analytics-via-snowflakes-financial-services-data-cloud/