Intelligent CIO APAC Issue 24 | Page 58

CASE STUDY is constantly exploring ways to extract and analyze data from various sources with speed and security to progress towards its goal of being a data-driven , cloud-first digital brokerage .
With Snowflake ’ s inbuilt security and governed scalability , Orient Futures Singapore can easily consolidate all its data into a single , centralized platform . Snowflake ’ s performant computing power allows Orient Futures Singapore ’ s employees to easily prepare , transform and compute data for business analysis . Teams across various departments can easily access near-real time insights via self-service , which powers faster business decisions .
Philip Huang , CRO , Orient Futures Singapore , said : “ We are excited to collaborate with Snowflake , which holds the same beliefs in the client-first and tight-security data governance approaches that we prioritize . We chose Snowflake because of its expertise and familiarity with local regulatory systems in Singapore as well as its strong track record in the financial industry .
We asked Philip Huang , CRO , Orient Futures Singapore , further questions to find out more .
Can you explain how Orient Futures Singapore aims to provide personalized services for portfolio allocation and modelling by leveraging Snowflake ’ s Data Cloud ?
Snowflake ’ s Data Cloud architecture eliminates complexity and simplifies the data pipeline which enables Orient Futures Singapore to fast track our data integration and customers ’ portfolio analysis initiatives . In addition , leveraging on the data distribution technology of Snowflake , Orient Futures Singapore will also be able to manage our centralized datahub for external users within the Snowflake eco-system .
How will Orient Futures Singapore aim to enable smarter management of customer risk profiles through data analytics ?
“ Snowflake ’ s storage and computing capabilities are unprecedented and its time to market is much faster compared to other providers . We are looking forward to seeing how Snowflake can improve our culture and enable smarter decisions for our clients .”
Geoff Soon , Snowflake ’ s Managing Director for South Asia , said : “ Snowflake is pleased that Orient Futures Singapore has selected the Data Cloud on account of our business focus in scalability , automation and accessibility . We hope to enable Orient Futures Singapore to tap on Data Analytics and Data Science to attain its vision of becoming a broker of the future . Snowflake is excited to roll out new plans that will benefit financial customers through technological transformation .”
With data visualization , Orient Futures Singapore will have the capabilities of historical time-series analysis across our business . Pairing this with advanced analytics and deep learning , the company will be able to introduce a new dimension of AI / ML dataset which can be used to drive data-driven and autonomous models for us to better manage our decision-making processes .
Can you explain how Snowflake ’ s Data Cloud will help your customers make better decisions ?
Snowflake ’ s Data Cloud solution will mainly be used for data processing and distribution of our data . It will be able to fast-track Orient Futures Singapore ’ s data initiative to offer additional value-added data insights
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