BlackRock and Snowflake Partner to Unlock the Value of Data for the Investment Management Industry

Unlock the full potential of data with Snowflake

BlackRock is partnering with Snowflake to power Aladdin Data Cloud because Snowflake’s robust technology platform provides near-unlimited scale, concurrency, and performance. Data is freed from silos and stored in a central, unified location, enabling easier access, faster insights that lead to more informed investment decisions, and better client experiences. The powerful capabilities of Snowflake’s Data Cloud will enable Aladdin clients to supercharge their use of data across their organization by enabling them to align their investments data strategy with their broader cloud and data strategy.

“We’re thrilled to be a strategic partner to BlackRock to power a robust data platform for investment managers,” said Frank Slootman, CEO of Snowflake. “With Aladdin as a strategic part of Snowflake Data Cloud, our goal is to create a new industry standard in financial services for accessing, governing and acting on data in a unified and secure data environment.”

FRANK SLOOTMAN
CEO, Snowflake