Edelweiss AMC supercharges AI-driven transformation with Snowflake’s AI data cloud
expresscomputer.in
Edelweiss Asset Management Company has taken a significant leap in its digital journey by modernising its data infrastructure with Snowflake’s AI Data Cloud. The move is aimed at driving agility, cost efficiency, and a more personalised investor experience in an increasingly data-first financial landscape.
By migrating from legacy OLTP databases and fragmented silos to a cloud-native, unified environment, Edelweiss AMC has unlocked faster insights, automated workflows, and embedded intelligence across its operations. Partnering with NuSummit and Snowflake, the company reports 50% savings in data warehousing spend while achieving a dramatic boost in performance and productivity.
Boosting Speed, Savings, and Scale
With Snowflake’s parallel processing and query optimisation capabilities, Edelweiss AMC has cut end-of-day (EOD) processing times from 8 hours to under 2 hours, while management information system (MIS) reports are now ready 5 hours before business hours. Beginning-of-day (BOD) reconciliations have also become faster, enabling smoother workflows across ...
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