STOCK TITAN

S&P Global Market Intelligence and Snowflake Collaborate to Enable Seamless Delivery of Financial and Alternative Data

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

S&P Global Market Intelligence has partnered with Snowflake to enhance data accessibility for clients. This collaboration eliminates data ingestion processes, allowing for quicker access to S&P Global's financial, textual, ESG, and alternative data. The integration aims to boost productivity in today's fast-paced markets. Over 20 datasets are available including Compustat, S&P Capital IQ Fundamentals, and ESG Scores. This initiative reflects S&P Global's commitment to providing high-quality data through innovative delivery platforms.

Positive
  • Partnership with Snowflake enhances client access to over 20 datasets including Compustat and ESG Scores.
  • Eliminates data ingestion process, improving productivity and efficiency for clients.
  • Collaboration reflects S&P Global's commitment to innovative data delivery and flexibility.
Negative
  • None.

NEW YORK, Sept. 9, 2020 /PRNewswire/ -- S&P Global Market Intelligence, today announced that it has collaborated with Snowflake, the cloud data platform, to seamlessly deliver S&P Global's industry-leading financial, textual, ESG and alternative data through Snowflake. Clients now have immediate access to S&P Global's data via Snowflake ― eliminating the data ingestion process and significantly improving their productivity and efficiency.

"Clients are looking to work with vendors that can simplify the ingestion and linking of data, allowing users to focus on deriving insight," said David Coluccio, Managing Director, Data Management Solutions at S&P Global Market Intelligence. "We are excited to work with an innovative company such as Snowflake to allow our clients to quickly access, utilize and maximize the value of their data, which is vital given the speed at which today's global markets operate."

"We are committed to providing high quality data to our clients and are excited to collaborate with S&P Global Market Intelligence to deliver valuable financial and alternative data to customers via the Snowflake Data Marketplace," said Matt Glickman, VP Data Marketplace, Customer Product Strategy at Snowflake. "S&P Global Market Intelligence is an innovator in the financial markets and we're thrilled to be working with them to expand this offering to the market."

Cloud-based delivery enables customers to simplify their data management and work with multiple large datasets more efficiently. The Snowflake Data Marketplace is built on top of Snowflake's Secure Data Sharing technology, and provides an easy-to-use platform for organizations to find, share and access content. Through Snowflake, S&P Global and select-third party data is ready to query and easily accessible via multiple cloud platforms and enables direct integration with more than 80 third-party data vendors.

This collaboration is part of S&P Global's ongoing initiative to invest in the flexible and open distribution of quality data to its clients. Snowflake is the first cloud-hosted delivery option added to the S&P Global Marketplace, a discovery tool that allows for easy exploration, discovery and evaluation of differentiated data and solutions from S&P Global and select third-party providers.

Over 20 datasets are available today from S&P Global via Snowflake including Compustat® and S&P Capital IQ Fundamentals, GICS®, Trucost Environmental Data, S&P Global ESG Scores, Machine Readable Transcripts and Filings and more. New S&P Global datasets will be made accessible through Snowflake regularly, including alternative datasets with selected third-party vendors such as  IPqwery patent data, BuildFax permit data, FiscalNote legislation data and more.

To see all the S&P Global data available via Snowflake, please visit the S&P Global Marketplace or the Snowflake Data Marketplace. For additional information, you can also listen to the Snowflake's Rise of the Data Cloud podcast, which features S&P Global Market Intelligence discussing the future of data and delivery.

About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities around the world use this essential intelligence to make business and financial decisions with conviction.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors. S&P Global has been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years. For more information, visit www.spglobal.com/marketintelligence.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/sp-global-market-intelligence-and-snowflake-collaborate-to-enable-seamless-delivery-of-financial-and-alternative-data-301125937.html

SOURCE S&P Global Market Intelligence

FAQ

What is the significance of S&P Global's collaboration with Snowflake?

The partnership allows S&P Global to provide seamless access to its data, enhancing client productivity by eliminating data ingestion processes.

What types of datasets are available through S&P Global and Snowflake?

Over 20 datasets are available, including financial, textual, ESG data, Compustat, and S&P Capital IQ Fundamentals.

When was the collaboration between S&P Global and Snowflake announced?

The collaboration was announced on September 9, 2020.

How does the Snowflake Data Marketplace benefit S&P Global clients?

It simplifies data management and provides easy access to multiple datasets, enhancing efficiency.

What is the stock symbol for S&P Global?

The stock symbol for S&P Global is SPGI.

S&P Global Inc.

NYSE:SPGI

SPGI Rankings

SPGI Latest News

SPGI Stock Data

156.55B
310.30M
0.18%
91.04%
1.13%
Financial Data & Stock Exchanges
Services-consumer Credit Reporting, Collection Agencies
Link
United States of America
NEW YORK