DTCC: Partners with snowflake to transform financial industry data ecosystem
- DTCC is the premier post-trade market infrastructure for the global financial services industry
- Announced that it is partnering with Snowflake, the Data Cloud company, to transform how data is accessed
- Aims to further promote market transparency and provide greater operational efficiency by leveraging Snowflake data
- As the financial services industry continues its modernization journey, a keen focus has been placed on the need for better access to data
- Cloud technology has emerged as an optimal way to provide innovative services around data access and collaboration
- Exploring several new opportunities for these capabilities including risk management
