GoldenSource partners with Snowflake to launch data management app
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GoldenSource partners with Snowflake to launch data management app 04 June 2024US Reporter: Isabel Gonzalez
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GoldenSource, an independent provider of cloud data management solutions, and Snowflake, an AI data cloud company, have partnered to create GoldenSource Omni, a native application for institutional investment managers.
The companies say GoldenSource Omni allows institutional investment managers to streamline financial reference data integration.
The app aims to expedite the process of onboarding financial reference data into the GoldenSource data model which supports reporting on Snowflake’s data cloud.
Jeremy Katzeff, head of buyside solutions at GoldenSource, comments: “Historically, buy side participants have struggled with the management of disparate datasets. This was exacerbated by the absence of a comprehensive data model. However, with the launch of GoldenSource Omni, datasets for different asset classes and functions can now be integrated and analysed within a modern cloud-native environment in one place.”
Rinesh Patel, global head of Industry, financial services at Snowflake, adds: “GoldenSource is an ideal partner for us with their deep market experience and unique data model that links data across domains, providing a more efficient way for joint customers to run analytics, derive insights, and train AI models within the Snowflake platform.”
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