S&P Global Expands Databricks Partnership, Adds Capital IQ Pro Datasets for Enhanced Analytics

On Wednesday, S&P Global Inc. (NYSE:SPGI) announced an expanded collaboration with Databricks by adding several S&P Capital IQ Pro datasets to Databricks via Delta Sharing.

The enhancement enables users to directly access and query a range of additional S&P Global datasets, such as financials, estimates, filings, transcripts, transactions, and sustainability data, without requiring data ingestion.

The datasets are valuable for investment management, risk assessment, and competitive intelligence. Delta Sharing is Databricks' open-source protocol that facilitates the secure sharing of live data across various platforms, clouds, and regions. The technology minimizes data duplication and latency issues, and ensures that investment, risk, and strategy teams can always work with the most current data within their existing Databricks environment.

S&P Global's previous collaborations with Databricks included the integration of energy and commodities datasets from its Commodity Insights division and the development of the S&P Global Capital IQ Workbench, which is a collaborative analytics notebook environment. S&P Global plans to continue adding more datasets to Databricks Delta Sharing, which will be accessible through both the S&P Global Marketplace and Databricks Marketplace.

Warren Breakstone, Head of Data & Research at S&P Global Market Intelligence, emphasized the importance of meeting clients where they are in today's dynamic market. He highlighted that the expanded relationship with Databricks will provide more seamless access and efficient querying. S&P Global Inc. (NYSE: SPGI) provides credit ratings, benchmarks, analytics, and workflow solutions across the global capital, commodity, and automotive markets. Whereas Databricks is a data and AI company

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Disclosure: None. This article is originally published at Insider Monkey.