JPX Market Innovation & Research, Inc. (“JPXI”), a leading global provider of Japan's financial market data, and Snowflake, the AI Data Cloud company, today announced a priority partnership between the companies to jointly disseminate data over Snowflake's market-leading platform.
Data provision via Snowflake will enable market participants to enjoy improved access to JPXI's rich and varied data offerings and empower cost-effective development of data analysis environments.
This venture is supported by J-LAKE, Japan Exchange Group's integrated data services platform that launched in January 2025. J-LAKE centralizes data management within JPX Group, including JPX's market data, information on market participants, listed companies, and customers, and a wealth of alternative data and internal knowledge. Through J-LAKE, JPXI will be able conduct multifaceted analysis on this data and develop and provide new services to meet diverse client needs. In providing new data distribution services, JPXI will not only develop services within the existing framework of analyzing customer trends, conducting interviews, and collaborating with existing partner companies, but will also seek to collaborate with new vendors, startups, and platform providers, with the aim of creating services that provide new value. The partnership with Snowflake is a representative example of the new value created by the J-LAKE platform.
“Our collaboration with Snowflake represents a new channel through which we can offer greater convenience to market participants while expanding the reach of JPXI’s data products to a broader audience,” said Koichiro Miyahara, President & CEO of JPXI. “JPXI is playing a leading role in the next generation of data and digital business. We are excited to enter a new partnership that furthers JPX Group’s long-term vision of contributing to sustainable societal and economic development by evolving into a global, comprehensive financial and information platform.”
“We are delighted to support the expanded avenues of potential for Japanese financial market data through our partnership with JPXI,” said Hidetoshi Tojo, Managing Director of Snowflake. “By combining JPXI’s J-LAKE platform with Snowflake’s AI Data Cloud, we believe that we can create an environment where more market participants can access JPXI’s rich and varied data offerings with more ease, efficiency, and convenience, thereby expanding the potential for innovative data usage.”
Moving forward, JPXI will conduct hearings with its customers to determine the initial data sets to be offered on the Snowflake platform, with release planned before the end of March 2025.