back Back

Northern Trust and EDS Enhance Data Sharing for Investment Data Science

By Edlyn Cardoza

November 19, 2021

  • Analytics
  • Equity Data Science
  • Financial Services Data Cloud

Northern Trust, Equity Data Science, Snowflake, USANorthern Trust and Equity Data Science have collaborated with Snowflake, the Data Cloud company, to enhance secure data sharing and onboarding for Asset Servicing clients using Investment Data Science capabilities.

Leveraging Snowflake’s data sharing and cloud technology, Northern Trust and EDS can provide a better, faster and more secure experience for Investment Data Science clients. Snowflake’s Financial Services Data Cloud enables sharing on a single, integrated platform, optimizing what had been a manual process dependent on physically extracting and delivering data files.

This is game-changing technology that replaces the old way of exchanging data,” said Paul Fahey, Head of Investment Data Science at Northern Trust. “Clients will have access to data insights that accelerate speed to market in ways that previously didn’t exist. Our goal is frictionless onboarding of new clients within 24 hours, and Snowflake’s Data Cloud puts that within reach.”

Beyond offering a faster and more secure experience, the collaboration with Snowflake allows Northern Trust and EDS to quickly update or change data elements and layout, making the solution agile and attuned to individual client needs.

Our data science solutions paired with Snowflake’s leading data sharing and privacy capabilities give clients access to data insights at new levels of security and speed,” said Greg McCall, President of Equity Data Science. “An offering of this standard is new to the industry and has the power to change how institutions harness their own data.”

We are pleased to support Northern Trust and Equity Data Science as they leverage Snowflake’s Financial Services Data Cloud to further Investment Data Science across the financial services industry,” said Matt Glickman, VP and Global Head of Financial Services at Snowflake. “Northern Trust joins a growing list of marquee names in the industry adopting Snowflake to help them thrive in the new data economy, while continuously maintaining security and governance standards in this competitive environment.”

Previous Article

November 19, 2021

Boku extends its M1ST Payments Network into Thailand

Read More
Next Article

November 19, 2021

Klarna announces its launch in Portugal

Read More

IBSi Daily News Analysis

May 28, 2024


Latin America becomes a hotbed for FinTech unicorns and tech innovation

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Engine by Starling integrates Ozone API into SaaS solution

Read More

May 29, 2024

Banque Raiffeisen taps Worldline for instant payment processing

Read More

May 27, 2024

4 Payroll Management firms simplifying SME operations in Europe

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023