SIX and Snowflake have partnered to create an integrated platform, enabling their joint clients to access regulatory and reference financial data seamlessly within Snowflake’s cloud environment.

This collaboration aims to simplify the operational processes for financial institutions by minimizing manual data entry and facilitating smoother communication of financial information across different business departments such as risk management, compliance, investment planning, and product innovation.

Driven by the increasing need to comply with cross-jurisdictional tax and reporting standards, particularly the Crypto-Asset Reporting Framework (CARF), this partnership addresses a critical demand for more efficient data handling. As regulatory requirements continue to evolve, direct cloud-based access to structured financial datasets is becoming essential for easing compliance burdens.

Through this integration, clients can achieve seamless, zero-copy access to SIX’s datasets—including end-of-day market data for valuation purposes, reference information, and pertinent regulatory content—directly within the Snowflake platform. Snowflake’s secure framework ensures these data are securely shared and governed, allowing institutions to integrate them into existing AI and analytics tools running in their cloud infrastructure.

Operational and strategic benefits

For financial entities operating globally, consolidating trusted data sources within a single, controlled environment brings practical advantages. Instead of handling multiple data streams or relying on manual procedures, resources can be redirected to more analytical tasks.

Additionally, this integration aligns with the growing trend among financial data providers toward cloud-based distribution. By integrating financial information directly into platforms like Snowflake, both companies support a streamlined data flow and faster deployment of advanced analytics and AI-driven workflows.

SIX operates in diverse financial sectors, while Snowflake’s customer base is extensive, including significant segments from the financial services industry globally, particularly within EMEA regions.

Financial details regarding this partnership are not disclosed.