Clearwater Analytics Announces Integration with Snowflake to Enable Data Collaboration and AI Capabilities for Asset Managers
Clearwater Analytics (NYSE: CWAN) has announced a strategic integration with Snowflake to enhance data management capabilities for asset managers. The collaboration integrates Clearwater's investment data management solution, Prism, with Snowflake's AI Data Cloud. The integration offers key features including data collaboration through Snowflake Marketplace, seamless integration of Clearwater's datasets, direct data access without copying, advanced AI tools with natural language queries, and streamlined regulatory and investment reporting. This partnership aims to simplify how institutional asset managers and asset owners utilize their data, enabling faster insights and decision-making.
Clearwater Analytics (NYSE: CWAN) ha annunciato un'integrazione strategica con Snowflake per migliorare le capacità di gestione dei dati per i gestori di asset. La collaborazione integra la soluzione di gestione dei dati di investimento di Clearwater, Prism, con il Cloud Dati AI di Snowflake. L'integrazione offre funzionalità chiave, tra cui la collaborazione sui dati tramite Snowflake Marketplace, l'integrazione fluida dei dataset di Clearwater, l'accesso diretto ai dati senza copia, strumenti avanzati di AI con query in linguaggio naturale e reporting normativo e di investimento semplificato. Questa partnership mira a semplificare il modo in cui i gestori di asset istituzionali e i proprietari di asset utilizzano i loro dati, consentendo un'analisi e una decisione più rapide.
Clearwater Analytics (NYSE: CWAN) ha anunciado una integración estratégica con Snowflake para mejorar las capacidades de gestión de datos para los gestores de activos. La colaboración integra la solución de gestión de datos de inversión de Clearwater, Prism, con el Cloud de Datos AI de Snowflake. La integración ofrece características clave que incluyen colaboración de datos a través de Snowflake Marketplace, integración sin fisuras de los conjuntos de datos de Clearwater, acceso directo a datos sin copias, herramientas avanzadas de IA con consultas en lenguaje natural y un reporting regulatorio y de inversión optimizado. Esta asociación tiene como objetivo simplificar cómo los gestores institucionales de activos y los propietarios de activos utilizan sus datos, facilitando una obtención de insights y toma de decisiones más rápidas.
Clearwater Analytics (NYSE: CWAN)는 자산 관리자를 위한 데이터 관리 기능을 향상시키기 위해 Snowflake와 전략적 통합을 발표했습니다. 이 협력은 Clearwater의 투자 데이터 관리 솔루션인 Prism과 Snowflake의 AI 데이터 클라우드를 통합합니다. 통합은 Snowflake 마켓플레이스를 통한 데이터 협업, Clearwater의 데이터 세트의 원활한 통합, 복사 없이 데이터에 대한 직접 접근, 자연어 쿼리를 사용하는 고급 AI 도구 및 간소화된 규제 및 투자 보고서 등을 포함한 주요 기능을 제공합니다. 이 파트너십은 기관 자산 관리자와 자산 소유자가 데이터를 활용하는 방식을 단순화하여 더 빠른 통찰력과 의사 결정을 가능하게 하는 것을 목표로 합니다.
Clearwater Analytics (NYSE: CWAN) a annoncé une intégration stratégique avec Snowflake pour améliorer les capacités de gestion des données pour les gestionnaires d'actifs. La collaboration intègre la solution de gestion des données d'investissement de Clearwater, Prism, avec le Cloud de Données AI de Snowflake. L'intégration offre des fonctionnalités clés, notamment la collaboration sur les données via Snowflake Marketplace, l'intégration fluide des ensembles de données de Clearwater, un accès direct aux données sans duplication, des outils d'IA avancés avec des requêtes en langage naturel et un reporting réglementaire et d'investissement rationalisé. Ce partenariat vise à simplifier la façon dont les gestionnaires d'actifs institutionnels et les propriétaires d'actifs utilisent leurs données, permettant des insights et une prise de décision plus rapides.
Clearwater Analytics (NYSE: CWAN) hat eine strategische Integration mit Snowflake angekündigt, um die Datenmanagement-Fähigkeiten für Asset Manager zu verbessern. Die Zusammenarbeit integriert die Investment-Datenmanagement-Lösung von Clearwater, Prism, mit Snowflakes AI Data Cloud. Die Integration bietet wesentliche Funktionen, darunter Datenzusammenarbeit über den Snowflake Marketplace, nahtlose Integration von Clearwaters Datensätzen, direkten Datenzugriff ohne Kopie, fortschrittliche KI-Tools mit natürlichen Sprachabfragen und optimierte regulatorische sowie Investitionsberichte. Diese Partnerschaft zielt darauf ab, zu vereinfachen, wie institutionelle Asset Manager und Vermögensinhaber ihre Daten nutzen, um schnellere Erkenntnisse und Entscheidungsfindungen zu ermöglichen.
- Integration with Snowflake's AI Data Cloud enhances data management capabilities
- Access to Snowflake Marketplace expands distribution channels
- Advanced AI tools implementation could improve operational efficiency
- Platform manages over $7.3 trillion in assets
- None.
Insights
This strategic integration marks a significant advancement in investment data management capabilities. By leveraging Snowflake's AI Data Cloud, Clearwater Analytics is positioning itself at the forefront of the AI-driven investment management revolution. The integration enables real-time data access and analysis without data duplication, significantly reducing latency and operational overhead.
The implementation of natural language queries through Snowflake Cortex AI represents a major technological leap, making complex investment data more accessible to users across skill levels. With $7.3 trillion in assets under their platform, this integration could substantially impact operational efficiency for institutional investors. The marketplace integration also creates a new revenue stream potential through data monetization opportunities.
This partnership strengthens Clearwater's competitive position in the investment management software market. The integration addresses key industry pain points: data accessibility, operational efficiency and AI-powered analytics. By enabling direct data sharing through Snowflake Marketplace, Clearwater is creating a network effect that could accelerate customer adoption and retention.
The timing is strategic as institutional investors increasingly demand AI capabilities and efficient data management solutions. This could drive revenue growth through increased platform adoption and potential premium pricing for advanced AI features. The partnership with Snowflake, a leader in cloud data platforms, adds significant credibility and technical capabilities to Clearwater's offering.
Integration with Snowflake Will Enable Clients to Access Investment Data at Speed and Scale
This integration will deliver:
- Data Collaboration: Enable clients to directly build applications on rich Clearwater datasets using data share via the Snowflake Marketplace.
- Seamless Integration: Incorporate Clearwater’s accurate, timely and comprehensive data to power the entire end-to-end investment management process.
- Improved Efficiency: Direct access to data without making a data copy.
- Advanced AI Tools: Use of the Clearwater Platform and Snowflake Cortex AI for natural language queries.
- Streamlined Reporting: Timely regulatory, client, and investment reporting based on consistent and governed data sets.
“Bringing Clearwater Analytics data into the AI Data Cloud ecosystem has the potential to deliver tremendous value to asset managers and asset owners everywhere,” said Chris Napoli, Head of Wealth & Asset Management at Snowflake. “This collaboration opens up vast volumes of investment management data. Building on Snowflake’s single, integrated platform, Clearwater can provide customers with the ability to derive powerful insights to answer relevant questions about their portfolios and grow their business.”
“Clearwater Analytics has a proven track record of guiding institutional investors with best-in-class technology and services that simplify the entire investment management lifecycle,” said Souvik Das, Chief Product & Technology Officer at Clearwater Analytics. “With our ongoing commitment to innovation and this strategic collaboration with Snowflake, our global community can now access their investment data, extract actionable insights, and capitalize on opportunities in an entirely new way.”
This integration presents a unique opportunity for asset managers to harness Clearwater’s leading-edge capabilities and achieve better operational efficiency. They can do this while directly connecting to their data via their Snowflake instances and leveraging the expertise of AI digital specialists for deep domain assistance in investment accounting and compliance. To learn more about our Snowflake integration, visit Clearwater’s Investment Data Management site today.
About Clearwater Analytics
Clearwater Analytics (NYSE: CWAN), a global, industry-leading SaaS solution, automates the entire investment lifecycle. With a single instance, multi-tenant architecture, Clearwater offers award-winning investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Each day, leading insurers, asset managers, corporations, and governments use Clearwater’s trusted data to drive efficient, scalable investing on more than
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Media:
Claudia Cahill, Head of Communications and PR | +1 208-433-1200 | press@clearwateranalytics.com
Source: Clearwater Analytics
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