State Street has launched its Alpha Data Platform, an end-to-end data management and warehouse solution for institutional investment and wealth managers. The platform enables clients to assemble and access investment data spanning internal and third-party services across their investment processes. It provides access to front office data in near real-time, and incorporates data catalog and visualisation capabilities that result in higher quality data, while reducing cost and accelerating decision making.
The Alpha Data Platform connects to data from multiple sources, including Snowflake Data Marketplace, to deliver timely insights while simplifying the user experience for both assembling and consuming this information. The platform’s open architecture system, enabled by Snowflake and managed by data stewards, allows clients to leverage any number of critical capabilities or services within the platform, together with their own systems and preferred partners. The interoperable platform will also serve as the foundation for the next stage of development for Alpha’s new solutions for cash and position management and performance measurement.