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Subject: LIC

EY announces alliance with Snowflake to leverage their Data Cloud for business solutions across industries

LONDON, Sept. 13, 2021 /PRNewswire/ -- EY today announces an alliance between Snowflake, a Data Cloud company, and Ernst & Young LLP (EY US), to help businesses transform how they manage and share their data assets.

The alliance combines Snowflake's Data Cloud with EY US business insights to offer innovative solutions across industries, initially starting with financial services. Snowflake's Data Cloud can increase the utility of public cloud solutions through a next-generation approach to data modernization, with a single, integrated platform for data warehousing, data lakes, secure data sharing, application development, integrated data engineering and the ability to run advanced data analytics. Snowflake's innovative technology combined with market-leading capabilities offered by EY US teams can help accelerate how organizations thrive in the digital age.

Faisal Alam, EY Americas Emerging Technology Leader says:

"EY US is dedicated to helping organizations solve their toughest challenges and realize their greatest ambitions, by capitalizing on transformative opportunities as part of their tech-enabled journey. We are pleased to be working with Snowflake, who's innovative Data Cloud is revolutionizing how organizations across all sectors manage data, analytics, risk and business processes. The EY US-Snowflake collaboration can help clients alleviate their current challenges and turn data into a transformational asset for their organization."

Snowflake and EY US are creating industry-specific resources that leverage the power of the Data Cloud to improve service delivery, finance, risk management, compliance, operations and other corporate functions.

Colleen Kapase, Snowflake SVP of Worldwide Partners & Alliances, says:

"Snowflake is dedicated to supporting businesses throughout their Data Cloud transformation journey. Enhancing our capabilities with innovative managed industry solution offerings and consulting implementation services from EY US can help organizations successfully manage and leverage their data as assets to create informed and productive business strategies."

For more information, visit ey.com/alliances.

Notes to Editors

About EY

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About Snowflake

Snowflake enables every organization to mobilize their data with Snowflake's Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries, including 212 of the 2021 Fortune 500 as of July 31, 2021, use Snowflake Data Cloud to power their businesses. Learn more at snowflake.com.

SOURCE Ernst & Young LLP

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News published on 13 september 2021 at 16:39 and distributed by: