Broadridge Financial Solutions Inc., a global Fintech leader, announced that it would work with Snowflake, the Data Cloud Company, to allow clients to easily consolidate and analyze trading and portfolio data in the cloud in a way it could not happen before.
Snowflake has an integrated data platform that provides customers with data storage, processing, and analytics solutions in the cloud. Working on Broadridge’s trading and portfolio management solution with Snowflake Technology will allow Broadridge clients to bring together data from the client, Broadridge, and third-party systems into the cloud for direct access and analysis. And, it will also provide a complete picture of their data for an informed decision-making process.
What leaders have to say
“Data aggregation has continued to be a pain-point for asset managers. There is a strong and ever-growing need to interact with increasingly complex data sets from many sources with speed and efficiency, and our relationship with Snowflake will help our clients overcome these data challenges,” said Eric Bernstein, President of Broadridge Asset Management Solutions. “This is a continuation of Broadridge’s data strategy and strengthens our leadership position as a technology partner that can empower data-driven results for the asset management industry.”
“We are excited to support Broadridge as they enable asset management clients with a seamless data experience,” said Matthew Glickman, VP of Customer Product Strategy, Data Marketplace, Financial Services, at Snowflake. “With Broadridge as a part of the Snowflake Data Cloud, asset managers will be able to work more efficiently and can have their data work harder for them, allowing for greater collaboration and better results.”