Orient Futures Singapore taps Snowflake for data-driven trading

Orient Futures International Singapore will leverage Snowflake’s Data Cloud to enable customers trade more efficiently and make smarter decisions powered by advanced data analytics.

A member of the Singapore Exchange and Asia Pacific Exchange, and holder of the Capital Market Licence issued by the Monetary Authority of Singapore, Orient Futures Singapore offers a suite of capital market products including Exchange Traded Derivatives, OTC Derivatives and Leveraged Foreign Exchange.

Unlike traditional brokers, Orient Futures Singapore offers services developed fully on cloud technology and open architecture. With Snowflake, Orient Futures Singapore aims to provide personalised services for portfolio allocation and modelling, through an integrative view of customer profile.

The company — whose parent firm Orient Futures is based in China — also wants to enable smarter management of customer risk profiles through data analytics, and perform back testing on historical data and analytical insights from financial data to help customers make better decisions regarding their portfolio.

As a financial institution, Orient Futures Singapore is constantly exploring ways to extract and analyse data from various sources with speed and securely to progress towards its goal of being a data-driven, cloud-first digital brokerage.

With Snowflake’s inbuilt security and governed scalability, Orient Futures Singapore expects to easily consolidate all its data into a single, centralised platform.

Snowflake’s performant computing power allows Orient Futures Singapore’s employees to easily prepare, transform, and compute data for business analysis. Teams across various departments can easily access near-real time insights via self-service, which powers faster business decisions.

“We are looking forward to seeing how Snowflake can improve our culture and enable smarter decisions for our clients,” said Philip Huang, head of risk management at Orient Futures Singapore.