Morningstar Expands Investment Data Portfolio on Snowflake Marketplace
Event summary
- Morningstar expanded its investment data offerings on Snowflake Marketplace as of March 31, 2026.
- New datasets include Morningstar Licensed Data (Equity and Managed Investment), Indexes, Sustainalytics ESG ratings, DBRS credit ratings, and Credit Analytics.
- PitchBook, a Morningstar subsidiary, also provides private market intelligence via Snowflake Marketplace.
The big picture
Morningstar’s expansion on Snowflake Marketplace aligns with the broader trend of financial data providers embedding their offerings directly into cloud analytics platforms. With $378 billion in AUMA as of December 2025, Morningstar is leveraging this move to enhance scalability and accessibility for institutional clients. The integration also underscores the growing importance of ESG and private market data in investment decision-making.
What we're watching
- Data Integration Pace
- How quickly institutional investors adopt Morningstar’s expanded Snowflake offerings will signal demand for seamless, cloud-based investment data.
- Competitive Positioning
- Whether Morningstar can sustain differentiation as other data providers enhance their own marketplace integrations.
- Revenue Growth Potential
- The pace at which Snowflake Marketplace accelerates Morningstar’s data monetization, particularly for niche datasets like Sustainalytics and Credit Analytics.