{"id":32099,"date":"2023-06-28T08:00:02","date_gmt":"2023-06-28T12:00:02","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-simplifies-data-management-with-new-snowflake-native-app-in-the-data-cloud\/"},"modified":"2023-06-28T15:26:03","modified_gmt":"2023-06-28T19:26:03","slug":"bloomberg-simplifies-data-management-with-new-snowflake-native-app-in-the-data-cloud","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/bloomberg-simplifies-data-management-with-new-snowflake-native-app-in-the-data-cloud\/","title":{"rendered":"Bloomberg Simplifies Data Management with New Snowflake Native App in the Data Cloud"},"content":{"rendered":"
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Data License Plus (DL+) Snowflake Native <\/em>App provides ease of access to modeled Bloomberg Data
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Bloomberg today announced at Snowflake\u2019s annual user conference, Snowflake Summit 2023, that its Data License Plus (DL+)<\/a> offering now powers a Snowflake Native App that will allow mutual customers to provision their set of Bloomberg Data License subscriptions in the Snowflake Data Cloud and configure a ready-to-use environment that is already hydrated with fully modeled Bloomberg data and multi-vendor ESG content \u2014 all within minutes.<\/p>\n

DL+ is Bloomberg\u2019s cloud-based data management solution that aggregates, organizes, and links a customer\u2019s licensed Bloomberg data and ESG content from multiple providers over multiple delivery channels. Bloomberg Data License content includes reference, pricing, regulatory data, corporate actions, ESG data, and operational workflows. The content covers more than 50 million securities and 40,000 data fields.<\/p>\n

The solution allows customers to control the scheduling of data refresh to meet the strict requirements of their operational flows and allows customers to build on cloud technologies while maintaining transparency, consistency, quality, stability and the specific dataset needs of their organization.<\/p>\n

DL+ enables the distribution of this data to systems, applications and users, through a diverse set of collection and publication technologies. In addition, DL+ offers features that link a customer\u2019s custom identifiers, multi-vendor ESG data and custom ESG data all enriched with Bloomberg Data License data.<\/p>\n

\u201cBloomberg 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,\u201d said Chris Child, Senior Director of Product Management, Snowflake. \u201cBy being Powered by Snowflake, Bloomberg is able to distribute its app to thousands of Snowflake customers, without these customers having to move or expose their data.\u201d<\/p>\n

Snowflake<\/a>, 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\u2019 Snowflake accounts.<\/p>\n

\u201cWe\u2019re thrilled to announce this initiative with Snowflake, which is the latest in Bloomberg\u2019s ongoing investment in seamless, efficient access to Bloomberg data in the cloud,\u201d said Don Huff, Global Head of Client Services and Operations at Bloomberg Data Management Services. \u201cCustomers are grappling with a deluge of data and need to be able to access it in their environment of choice, more efficiently than ever before. Integrating DL+ with the Snowflake Native App Framework showcases our ability to find innovative ways to provide sophisticated, cloud-based data management tools to support data consistency, transparency, and access across an organization in whichever environment customers prefer.\u201d<\/p>\n

The new Bloomberg DL+ Snowflake Native App is designed to make accessing data and applications across the enterprise even easier and more efficient. Further, the app offers:<\/p>\n