This collaboration enables mutual customers to easily access, combine, and analyze regulatory and reference data from SIX within their Snowflake environment — securely, efficiently, and at scale. For SIX, this move comes as a response to an uptick in cross-jurisdictional tax and reporting requirements, such as compliance with the Crypto-Asset Reporting Framework (CARF).
The collaboration between SIX and Snowflake empowers financial institutions to streamline data integration more effectively and reduce operational complexity in an increasingly data-driven market. By delivering trusted financial data natively through Snowflake, clients can now eliminate manual inputs, opening access to end-of-day market data for valuations and unlocking faster, deeper insights across business lines. These benefits span from risk and compliance to product innovation and investment strategies.
Thanks to Snowflake’s secure data-sharing and governance capabilities, customers benefit from native, zero-copy access to extensive datasets from SIX — including reference, regulatory, and pricing data — directly within their preferred cloud environment. This means more timely insights, simplified compliance as data governance requirements evolve, and seamless integration with advanced AI and analytics applications.
Laurent Lefèvre, Head Customer Interfaces, Financial Information, SIX, said: “Our collaboration with Snowflake simplifies how financial institutions access and use high-quality financial information. By bringing SIX data directly into the Snowflake AI Data Cloud, clients can accelerate innovation while focusing on insights and efficiency rather than managing data pipelines. Through this integrated intelligence network, we are empowering investors to make faster, data-led financial decisions.”
Dan Waters, VP of EMEA Partners & Alliances, Snowflake, said: “Our collaboration with SIX underscores our shared commitment to fostering innovation and data-driven decision-making for financial institutions. By integrating with our easy, connected, and trusted platform, SIX and its customers can leverage secure, scalable data solutions and realize the full potential of AI.”
Further information here.