JPMorgan has tapped buzzy startup Snowflake to help it solve one of the biggest issues firms face when moving to the cloud

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JPMorgan has tapped buzzy startup Snowflake to help it solve one of the biggest issues firms face when moving to the cloud
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JPMorgan is teaming up with the red-hot startup to help the bank work across multiple public cloud providers.

JPMorgan is working with buzzy data storage company Snowflake as part of its public cloud strategy, according to a source familiar with the matter.

The bank has started working with cloud-based data warehouse Snowflake as part of its developing public cloud strategy, according to a source familiar with the matter. The biggest hurdle for most firms are applications or tools that require significant amounts of data, a common occurrence in finance. In such cases, a firm is forced to pick one provider, or else face steep costs to maintain data on all the public clouds it hopes to use.

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