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