Thomson Reuters expands enterprise AI on Snowflake

AI data cloud company Snowflake said on Tuesday that Thomson Reuters, which provides content and technology services in legal, tax and regulatory fields, will build an enterprise AI and data platform based on Snowflake’s platform.

The company said Thomson Reuters has used Snowflake since 2021 as a platform that can integrate enterprise-grade governance and security capabilities with scalable data infrastructure. More than 1,500 employees, including data engineers, analysts and business leaders, access governed data through Snowflake to gain insights in their day-to-day work.

Thomson Reuters is also carrying out modernisation work to shift legacy systems into the Snowflake environment using Snowflake’s coding agent CoCo, formerly Cortex Code.

Snowflake said that as data pipelines supporting key products such as CoCounsel and Westlaw have been integrated, processing speeds for core workloads have become up to 3.4 times faster. It said the organisation has been able to shift from static reporting to operations based on near real-time insights.

Complex analysis that previously took several weeks is processed within seconds. Data preparation that had to be done manually across key tasks has been eliminated, creating an environment in which teams can focus on decision-making rather than data processing.

Christian Kleinerman (크리스티안 클레이너만), Snowflake’s senior vice president of product, said, "Thomson Reuters is proving through results that it can scale AI and governance together on a single platform." He added, "By building a trusted data environment based on Snowflake, each team has been able to move faster and scale AI across the business."

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#Snowflake #Thomson Reuters #CoCo #CoCounsel #Westlaw
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