Snowflake introduces Cortex AI for financial services

[Snowflake corporate headquarters in Silicon Valley]
Sundry Photography/iStock Editorial via Getty Images

Snowflake (NYSE:SNOW [https://seekingalpha.com/symbol/SNOW]) introduced Snowflake Cortex AI for Financial Services that allows financial companies to unify their data ecosystem and securely deploy AI models, apps, and agents with that data.

In addition, Snowflake announced [https://seekingalpha.com/pr/20252998-snowflake-unveils-cortex-ai-for-financial-services-enterprise-ready-ai-built-to-scale] a new managed Model Context Protocol, or MCP, Server (now in public preview), enabling organizations to securely use their own proprietary data and third-party data in Snowflake from partners including FactSet, MSCI, Nasdaq eVestment, and The Associated Press.

The company said customers will then be able to use this managed MCP Server to connect their data with apps and agent platforms like Anthropic, CrewAI, Cursor, Devin by Cognition, Salesforce’s Agentforce, UiPath, and Windsurf, to build context-rich AI agents and apps.

"By bringing AI directly to where their data already lives and enabling secure interoperability with remote agents, Snowflake is making it easier for highly regulated industries like financial services to power business-critical use cases and tap into a unified ecosystem of best-of-breed data, AI, and apps," said Baris Gultekin, vice president of AI, Snowflake.

The company noted that Cortex AI for Financial Services enables enterprise-ready agents to accelerate complex financial tasks, including market analysis, quantitative research, fraud detection, customer support, and claims management.

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