Why is BetaNXT launching DataXChange?

We saw a client need across the wealth management space. Many of our clients are grappling with data management challenges: too much data, from too many sources, and no easy way to manage it all. These data challenges are often tied to other goals of moving to the cloud, integrating new partners, or deploying AI. That’s why we’re focusing squarely on data, because once we solve the root problem, everything else becomes easier and happens faster.

How is BetaNXT partnering with Snowflake?

DataXChange operates on Snowflake’s AI Data Cloud and Snowflake Marketplace to offer a secure environment and an expansive ecosystem of over 580 providers. Partnering with Snowflake enabled BetaNXT to accelerate the development of the DataXChange architecture.

How does DataXChange protect my data?

BetaNXT clients have unique instances on DataXChange called Client Data Vaults. All Client Data Vaults share a common data and governance framework to ensure user-friendly standardization and permissioning. The contents and processes built into each vault are customized for each client’s unique needs and integrations.

How do clients access DataXChange?

Clients are able to access and call for data anytime they want, on a self-serve basis instead of waiting for batch file transfers or making a request. Clients are also able to customize their views to include whatever internal and external data points are important to them.

How well does DataXChange integrate with existing systems and third-party partners?

Because our platform is data- and partner-agnostic, clients can easily bring in whatever datasets and solutions they want into their Client Data Vaults. And because DataXChange operates on Snowflake, it’s easy to browse the Snowflake Marketplace and instantly integrate new services and solutions.