Arcesium, a global financial technology and professional services firm, has announced that its partnership with Snowflake, the Data Cloud company, will serve as Arcesium’s foundational database designed to extend its data platform capabilities.
Arcesium elected to build on the Snowflake platform, using the Snowflake Data Cloud, to allow its clients to directly access and process real-time business information. Customers can now directly access their databases through the Arcesium and Snowflake partnership.
Arcesium processes millions of transactions a day, generating profit and loss information for hundreds of thousands of holdings. By partnering with Snowflake, Arcesium is equipping clients with full access to and complete control over their transactional data from any location on a daily basis.
In addition to the direct data access provided through the Snowflake integration, Arcesium built a data analytics and visualization module on top of the database.
The company plans to continue investing in the cloud-native solution to further simplify clients’ data stories.