Delivering DORA and BCBS 239 Compliance with Snowflake and Alpha FMC

With the EU's Digital Operational Resilience Act (DORA) now in force, financial services firms face mounting pressure to demonstrate strong operational resilience, robust risk management, and complete regulatory transparency — not just at reporting periods, but continuously throughout the year.

Snowflake is uniquely positioned to help. As a unified, secure platform for data aggregation, lineage, and reporting, Snowflake provides the foundation that regulators increasingly expect — a single source of truth for risk data that meets the rigour of BCBS 239 requirements around accuracy, completeness, timeliness, and adaptability.

To cut complexity and accelerate DORA readiness, Alpha FMC and Snowflake have collaborated on Alpha RADAR — a Snowflake-native solution designed to make DORA compliance effortless. Built on Snowflake's AI and Data Cloud, Alpha RADAR leverages the platform's native capabilities for:

• Data governance and lineage — full transparency into where data originates and how it flows, critical for regulatory audit trails
  
• Secure data sharing — collaborate across entities and with regulators without moving or copying data
  
• Real-time aggregation and reporting — eliminate batch
  

Whether it's DORA, BCBS 239, or broader regulatory reporting obligations, Snowflake and Alpha FMC give financial services firms the confidence that their data infrastructure is as resilient as the regulations demand.