MDO revolutionizes investment data research and modeling workflows with the new MDOSnow library, empowering Snowflake customers to seamlessly analyze and derive insights from their data.
Chicago – June 27th, 2023 – My Data Outlet (MDO), a leading provider of investment data workflow tools for research and investment modeling, is thrilled to announce the launch of the MDOSnow library (MdoSnow) as a key addition to the MDO SDK. This groundbreaking library leverages Snowflake’s Snowpark Dataframes to transform investment data into time aware data frames across thousands of data items from leading data providers, enabling organizations to connect, analyze, and gain valuable insights from their data more efficiently.
MDOSnow empowers developers, data engineers, quants, and data scientists to unlock the full potential of Snowflake’s Snowpark Dataframes through a user-friendly set of functions integrated within MDOSnow. By harnessing Snowflake’s innovative data processing framework, MDOSnow offers a seamless and efficient approach to creating investment universes and retrieving investment data into cross-sectional time-series, facilitating research, factor building and analytics across multiple leading sources of investment data within Snowflake’s marketplace.
Key features of the MDO Snow library include seamless integration with clients’ investment data in Snowflake, advanced financial modeling capabilities, and unparalleled scalability and performance.
“We are thrilled to include the MDOSnow library as part of our MDO SDK,” said Patrick Howerter, CEO of My Data Outlet. “By leveraging Snowpark dataframes, our end users can access and analyze their data at scale without the need for an application server. Snowpark’s server-side architecture allows for auto-scaling while utilizing the MDOSnow library within Snowflake Python Worksheets. This means that our users can seamlessly conduct their research and production workflows without any additional architecture requirements.”
MDOSnow is now available for organizations looking to enhance their data integration and analysis capabilities. To learn more, please visit www.mydataoutlet.com or contact the MDO team at info@mydataoutlet.com.
About My Data Outlet
The MDO SDK provides users with a single access point through R and Python for extracting data, conducting factor research, and deploying models into production. With a team that has decades of experience in financial institutions and developing research models and financial data infrastructure solutions, MDO uniquely understands and develops integrative solutions for its financial clients. MDO is headquartered in Chicago, Illinois.
