Arabesque has announced a new partnership with Snowflake Inc., the Data Cloud company, enabling financial institutions and investors to integrate Arabesque’s suite of data assets and insights into their technology stacks securely and in real-time.
Data Cloud solution
The partnership will allow Arabesque to deliver its market-renowned solutions at scale, through Snowflake’s Data Cloud, which offers a centralised and streamlined data delivery experience with no additional integration or extract transform load required.
Clients will be able to use the Snowflake platform, in order to access Arabesque’s wide range of sustainability metrics and raw data on corporate greenhouse gas (GHG) emissions, and green revenues, together with its proprietary regulatory solutions, including the SFDR Data Solution and TCFD Alignment Barometer.
ESG Book, central source for digital corporate information
Demand for accessible, comparable and real-time sustainability data is growing exponentially"
The announcement follows the recent launch of ESG Book, Arabesque’s new central source for accessible and digital corporate sustainability information that is supported by a global alliance of renowned organisations, based on a mission to create ESG data as a public good.
Speaking about the announcement, Daniel Klier, the President of Arabesque, said “Demand for accessible, comparable and real-time sustainability data is growing exponentially, driven by global trends that are changing capital markets.”
Arabesque - Snowflake Inc. partnership
Daniel Klier adds, “Through this new partnership with Snowflake, we are able to offer live data assets to our clients with near-instant updates, delivering best-in-class data and insights, at both speed and scale. With the use of cutting-edge cloud technology, together with our new ESG Book platform, we are committed to re-shaping the future of ESG data.”
Kieran Kennedy, the Head of Data Marketplace at Snowflake Inc., said “As sustainability continues to shape capital markets, client needs are growing for customisable, scalable and real-time ESG data sets that can be efficiently integrated into investment strategies, and regulatory processes.”
Approach based on Big Data and Machine Learning
Kieran Kennedy adds, “With an approach based on Big Data and Machine Learning, Arabesque's solutions go hand-in-hand with the philosophy of Snowflake, and through this partnership, we can deliver a powerful customer offering.”