MDO enables joint customers to simplify investment data research workflows all from within their Snowflake account.
LAS VEGAS – June 27, 2023 – My Data Outlet (MDO) today announced at Snowflake’s annual user conference, Snowflake Summit 2023, the availability of the MDO SDK, a Snowflake Native App, on Snowflake Marketplace. The MDO SDK reduces the time spent on investment data wrangling. It simplifies the process of combining and transforming various leading sources of investment data into Snowpark DataFrames, enabling efficient data analysis, financial factor building, backtesting, and investment model creation.
Snowflake, the Data Cloud company, announced that the Snowflake Native App Framework (public preview on AWS) is now available for developers to build and test apps natively in the Data Cloud with additional distribution and monetization capabilities in public preview soon. Snowflake Native Apps usher in a new era of data collaboration, enabling developers with the tools needed to create robust apps quickly with Snowflake’s high availability and auto-scalability, all the while reducing security and procurement hurdles for customers because the apps run directly within the customers’ Snowflake accounts.
“The MDO SDK enables customers to bring MDO’s investment data management tools directly to the data in their governed Snowflake account. Prior to Snowflake Native Apps, customers were forced to move or copy data, but now they can simply install the app from Snowflake Marketplace and get going in a matter of clicks,” said Chris Child, Senior Director of Product Management, Snowflake.
Snowflake Marketplace already has over 25 new Snowflake Native Apps available today, and over one hundred providers are currently developing apps that span multiple industries and use cases. MDO is one of the leading organizations building in the Data Cloud, with a Snowflake Native App readily available to easily bring unique insights to end users and enabling them to unlock value with just a few clicks on Snowflake Marketplace. By being Powered by Snowflake, MDO is able to create new revenue streams by distributing its app to thousands of Snowflake customers, without these customers having to move or expose their data. The MDO SDK empowers customers to simplify programmatic research and analysis across many leading sources of investment data.
“Building with the Snowflake Native App Framework has transformed how MDO interacts with our customers,” said Patrick Howerter, CEO “We’re excited to join Snowflake in ushering in a new era of data collaboration by bringing the MDO SDK to our customers, allowing them to focus on extracting value and building models with their investment data while minimizing the time spent managing complex data wrangling processes.”
Learn more about Snowflake’s continued innovations, and how it is enabling organizations to distribute and monetize leading apps at scale in the Data Cloud here. Be sure to check out the Snowflake Summit 2023 keynotes live or on-demand here, and stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter.
