No-Headquarters/BOZEMAN, Mont. & NEW YORK, September 22, 2021--Snowflake (NYSE: SNOW), the Data Cloud company, and Citi (NYSE: C), today announced a strategic initiative to re-imagine how data flows across financial services transactions to provide a frictionless solution for post-trade processes across the industry. Snowflake’s Financial Services Data Cloud helps organizations like Citi accelerate their top-line growth and drive innovation while mitigating risk.
(Bloomberg) -- Citigroup Inc. will begin sharing some data with cloud-storage software maker Snowflake Inc., a move that will help the bank reduce costs and streamline some of its post-trade processes.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageIs There Room for E-Scooters in New York City?How the Child Care Crisi
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings […]