MDO Enhances Snowflake Native App with Custom Formulas, Enabling Users to Seamlessly Develop, Schedule, and Automate Models Directly in Snowflake.
Chicago – April 7, 2025 – My Data Outlet (MDO), a leading provider of data integration tools for financial modeling and research, today announced the launch of significant enhancements to their Snowflake Native App. The update introduces Custom Formulas, a powerful feature enabling users to effortlessly create, test, and deploy their models and factors directly within Snowflake.
This latest enhancement provides a comprehensive turnkey solution, empowering users to test and productionize Python code directly inside Snowflake. Custom Formulas streamline model development by offering robust capabilities for organizing, securing, documenting, and sharing code across diverse user groups.
In addition to custom coding capabilities, MDO’s Custom Formulas come bundled with an extensive library containing over 200 vetted and cited factor formulas from various industry-leading vendors. Users can readily incorporate these factors into their analytical workflows, significantly accelerating research and model deployment.
One of the standout features of this update is the built-in scheduling and automation functionality. By facilitating workflow automation directly within Snowflake, MDO eliminates the dependency on external orchestration software, reducing complexity and overhead.
Patrick Howerter, CEO of MDO, stated: “We are excited to have completed the end-to-end workflow for investment research and model deployment. Because our code runs entirely within Snowflake, our users can execute Python and MDO scripts directly within a Snowflake Notebook, eliminating the cumbersome task of configuring separate Python environments. Once research uncovers valuable insights, automation is straightforward and no longer relies on external execution environments. This removes significant barriers, allowing end users greater independence from their firms’ technical and data constraints, ultimately saving valuable time and resources.”
MDO continues to innovate by providing tools that simplify complex data workflows and enhance productivity for financial and investment professionals. To learn more, please visit www.mydataoutlet.com or contact the MDO team at info@mydataoutlet.com.
About My Data Outlet
My Data Outlet specializes in providing sophisticated yet user-friendly data integration and analytical tools designed specifically for financial modeling and research. MDO’s solutions enable investment professionals to streamline their workflows, automate complex processes, and enhance analytical efficiency, delivering actionable insights faster and more reliably.
