Macrobond partners with Snowflake to offer its full database of financial and macroeconomic data on Snowflake Marketplace
London, 10 April 2024 – Macrobond, the leading provider of top-down global macroeconomic and aggregate financial data, has formed a strategic partnership with Snowflake, the cloud-based data warehousing company that provides a platform for data storage.
The collaboration gives users of Snowflake Marketplace direct access to Macrobond’s complete database of more than 300 million time series, marking a significant step forward in data accessibility and analysis.
Users will be able to leverage Snowflake's advanced platform capabilities, reducing the time required for data extraction, transformation, and loading (ETL) so they can focus more on data analysis and insight extraction. Macrobond's datasets will be regularly updated and available in a secure and compliant manner.
Gregoire Haftman, Director of Product at Macrobond, said:
"This partnership advances our goal of distributing the world’s most comprehensive macroeconomic and aggregate financial time series data through channels that are convenient for our customers. Loading our time series and point-in-time vintages as objects into Snowflake brings together the best of both worlds in terms of performance and coverage, offering an unmatched resource for data-driven decision-making.”
Rinesh Patel, Global Head of Financial Services at Snowflake, said:
“Macrobond combined with Snowflake’s powerful platform capabilities provides clients with query-ready access to leading economic and historical point-in-time datasets. Snowflake's Financial Services Data Cloud, underpinned by Snowflake’s Secure Data Sharing, has removed the need for customers to physically move the data around, removing the friction to data discovery and secure access, enabling customers to seamlessly join Macrobond tables to their own data and query inside their own Snowflake Platform."
About Macrobond:
Macrobond is a leading provider of global economic, aggregate financial and sector time-series data for financial professionals. Founded in Malmo, Sweden in 2008, Macrobond offers an advanced SaaS platform that aggregates timely, reliable data from over 2,500 sources worldwide. With integrated analytical tools and extensive metadata, the platform facilitates efficient data discovery, analysis, and visualization. Macrobond enhances decision-making and productivity by enabling seamless data integration, collaboration, and sharing.