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S&P Global Commodity Insights Teams with Snowflake, Enabling Seamless Delivery of Benchmark Data

S&P Global Commodity Insights, the leading independent provider of information and benchmark prices for the commodities and energy markets, announced a collaboration with Snowflake, the Data Cloud company, to seamlessly deliver S&P Global’s industry-leading Platts benchmark price data, energy transition and other market data and analysis to the Data Cloud through Snowflake Marketplace. The ability for cloud-based, immediate access to S&P Global’s data allows clients to eliminate the data ingestion process and improve productivity and efficiency.

Joerg Gerth, Global Head of Channel Management & Strategic Alliances at S&P Global Commodity Insights, said: “This collaboration is part of S&P Global’s ongoing initiative to invest in the flexible and open distribution of quality data to its clients and provide solutions that allow for improved access, utilization and maximization of data. Snowflake is the first cloud-hosted delivery option used across S&P Global Market Intelligence Marketplace, S&P Global Ratings, and now S&P Global Commodity Insights.”

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Cloud-based delivery enables customers to simplify their data management and work with multiple large datasets more efficiently, adding to the speed with which they are able to make decisions in today’s fast-moving global marketplace.

The Snowflake Marketplace is built on top of Snowflake’s Secure Data Sharing technology, and provides an easy-to-use platform for organizations to find, share and access content. Through Snowflake, S&P Global Commodity Insights data is ready to query and is easily accessible via multiple cloud platforms.

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Kieran Kennedy, Head of Marketplace, Snowflake, said: “We welcome the opportunity to continue to expand our relationship with S&P Global. We recognize the important role S&P Global Commodity Insights plays in the marketplace through its provision of benchmark price data and its growing suite of data around climate change and energy transition.”

S&P Global datasets available through Snowflake will include some 15,000+ daily price assessments across global commodities, including energy transition price transparency for such as hydrogen, ammonia, recycled plastics and low-carbon metals and other commodities.

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[To share your insights with us, please write to sghosh@martechseries.com]

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