Edelweiss Asset Management Company Ltd., one of India’s fastest-growing Mutual Fund companies, has modernized its data infrastructure with Snowflake’s AI Data Cloud, boosting operational agility and investor experience. Snowflake’s modern data platform empowers Edelweiss AMC to better manage risk, strengthen their security and governance framework, streamline compliance processes, and facilitate faster regulatory reporting to its stakeholders. It also allows the company to leverage advanced analytics and artificial intelligence (AI) in asset management as it reshapes the future of investment management.
Edelweiss AMC earlier grappled with legacy online transaction processing (OLTP) databases, fragmented data silos, reporting delays, and slow integration of new data sources. In partnership with NuSummit, Snowflake has unified all data into a single, cloud-native environment, enabling Edelweiss AMC to manage larger data volumes and complex workloads with speed and efficiency. As a result, Net Asset Value (NAV) and benchmark reporting are now faster. Teams across risk and compliance, finance, sales, and client reporting now have near-instant access to structured, governed data, while tech and data engineering teams can automate processes and power advanced analytics and AI models. This transformation equips leadership with real-time insights, enabling faster, data-driven decisions that fuel business growth, enhance investor trust, and strengthen regulatory compliance capabilities.
Edelweiss AMC reports that it has significantly improved operational efficiency by leveraging Snowflake’s parallel processing and query optimization capabilities. The End-of-Day (EOD) processing has been reduced significantly to under 2 hours from 8 hours, and management information system (MIS) reports are now available 5 hours before business hours. This has also enhanced the Beginning-of-Day (BOD) processing times, enabling faster data availability for timely reconciliations and smoother workflows. Snowflake’s pay-as-you-use model has likewise reduced infrastructure and operational costs. The separation of compute and storage provides consistent performance during peak usage, enhancing system responsiveness and enabling the business to focus on innovation. The company has reduced the data warehousing spending by 50% by optimizing cloud storage costs and paying only for the exact consumed computing resources.
With these newfound insights, Edelweiss AMC has a more unified view of customer behaviour and needs, enabling teams to respond dynamically and deliver personalised investor experiences with faster service. The company plans to leverage Snowflake’s integrated AI features, such as Cortex AI, large language model support, and Snowpark ML, allowing Edelweiss AMC to embed intelligence directly into business processes, automating workflows and unlocking deeper, more powerful insights.
Snowflake’s robust security, governance, and compliance features, including governed data sharing and data clean rooms, enable Edelweiss AMC to meet stringent local and global regulatory standards while reducing operational complexity and cost. Snowflake’s IP-based access controls serve as a critical perimeter security framework, restricting database connectivity to approved corporate networks and VPNs, minimizing external exposure, and unauthorized access. Additionally, Edelweiss AMC has implemented column-level encryption with its own encryption managed keys, ensuring that sensitive data like PII and financial information is encrypted at the source and accessible only to authorized personnel.
This secure environment allows near-real-time data sharing and collaboration with partners instead of static reports. This transparency speeds up coordination across areas like supply chains and marketing.
Mr. Suraj Prakash, Chief Technology Officer, Edelweiss AMC
Speaking on the collaboration, Mr. Suraj Prakash, Chief Technology Officer, Edelweiss AMC said, “Technology is the engine that powers our business transformation, allowing us to stay innovative and strengthen our industry leadership. Migrating to Snowflake has been a transformative step for Edelweiss AMC, providing us with a secure, unified, and scalable platform foundational to our data and AI strategy. We have significantly boosted our team’s agility and productivity by enabling data-driven decision-making across the organization. This has allowed us to focus on personalized investment planning for our customers, fortify our partnerships, and reduce costs.”
Mr. Vijayant Rai, Managing Director—India, Snowflake
said, “We are proud to enable Edelweiss AMC to create a modern investor experience backed by an intelligent data foundation. By providing seamless AI/ML integration, governed data sharing, and scalability, Snowflake is helping Edelweiss embed intelligence into its core business processes, driving growth, competitiveness, and superior service delivery. We are excited to support Edelweiss AMC in setting a new industry benchmark in the AMC market.”
In the future, Edelweiss AMC plans to use Snowflake’s AI Data Cloud as the foundation for its future AI and machine learning innovations. By analyzing historical transactions and market trends, the company plans to build predictive models to forecast fund flow, optimize liquidity planning, and improve risk management. This will also enable the creation of personalized recommendation engines to enhance customer engagement and cross-sell opportunities.
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