Edelweiss Asset Management Company Ltd. (Edelweiss AMC), a leading Indian mutual fund company, has upgraded its data infrastructure with Snowflake’s AI Data Cloud. This modernization has enhanced operational agility, investor experience, and risk management. Edelweiss AMC previously struggled with legacy databases, fragmented data silos, and reporting delays. However, with Snowflake’s unified, cloud-native environment, the company can now manage larger data volumes and complex workloads efficiently.
The partnership with Snowflake has enabled Edelweiss AMC to streamline compliance processes, facilitate faster regulatory reporting, and leverage advanced analytics and artificial intelligence (AI) in asset management. The company has unified all data into a single environment, providing near-instant access to structured, governed data for teams across risk and compliance, finance, sales, and client reporting.
As a result, Edelweiss AMC has significantly improved operational efficiency, reducing End-of-Day (EOD) processing time from 8 hours to under 2 hours and making management information system (MIS) reports available 5 hours before business hours. The company has also reduced data warehousing spending by 50% by optimizing cloud storage costs and paying only for consumed computing resources.
With Snowflake’s AI Data Cloud, Edelweiss AMC plans to leverage integrated AI features, such as Cortex AI, large language model support, and Snowpark ML, to embed intelligence directly into business processes, automate workflows, and unlock deeper insights. The company aims to build predictive models to forecast fund flow, optimize liquidity planning, and improve risk management, as well as create personalized recommendation engines to enhance customer engagement and cross-sell opportunities.
Snowflake’s robust security, governance, and compliance features have enabled Edelweiss AMC to meet stringent local and global regulatory standards while reducing operational complexity and cost. The company has implemented column-level encryption with its own encryption managed keys, ensuring sensitive data is encrypted at the source and accessible only to authorized personnel.
The collaboration has allowed Edelweiss AMC to stay innovative and strengthen its industry leadership, providing a secure, unified, and scalable platform foundational to its data and AI strategy. Snowflake is helping Edelweiss AMC create a modern investor experience backed by an intelligent data foundation, driving growth, competitiveness, and superior service delivery. With this partnership, Edelweiss AMC plans to set a new industry benchmark in the AMC market, leveraging Snowflake’s AI Data Cloud as the foundation for its future AI and machine learning innovations.