Continuing its support with data warehouse leaders, Outlier has enabled Automated Business Analysis for Snowflake. The integration unlocks more value and increases the ROI for customers using Snowflake by delivering daily Stories critical to their businesses, particularly to help uncover systematic fraud.
Snowflake is used by all types of companies, including pharmaceutical and financial, who want analytical speed across their intense cloud-based workloads. It is also a critical solution for security analytics, regulatory compliance, and anti-fraud who want to quickly find and investigate possible instances of systematic fraud.
Fraud is prevalent in many industries. Several Outlier customers use the Automated Business Analysis platform to find systematic fraud. This helps our credit card issuer and financial services clients identify large swaths of fraud faster. Additionally, several of our pharmaceutical customers rely on Outlier to help identify early on, unusual increases in spend to healthcare providers, which provides more efficiency and clarity in their reporting process.
“Companies are increasingly turning to Snowflake to easily and affordably combine diverse data in one location for fast and scalable access across their organization,” said Anthony Watkins, Head of Product, Outlier. “Automating the aggregation of threat data can assist security professionals to prioritize incident response measures to combat potential breaches or vulnerabilities. Additionally, an automation tool can show preemptive actions already taken by your network to protect valuable assets.”
Snowflake also allows customers to run reports without taxing production systems and provides high performance even when multiple users access the same underlying data simultaneously. Adding Outlier on top of Snowflake helps customers focus on the most impactful changes across all areas of their business without disruption to production or reporting systems.
To learn how to leverage Automated Business Analysis for yourself, join us for a custom demo.