Key Takeaways
- • OptionMetrics has integrated its historical and intraday options data suite into Snowflake's private cloud marketplace, enabling institutional investors and quant researchers to access derivatives analytics without maintaining separate storage infrastructure.
- • The offering includes IvyDB US (end-of-day and intraday snapshots at 10:00am, 2:00pm, and 3:45pm ET), plus regional databases covering Europe, Asia, Canada, and Global Indices, along with US and European futures options data.
- • Geographic coverage spans North America, Europe, and Asia-Pacific exchanges, including Hong Kong, Japan, Taiwan, South Korea, and Australia, providing comprehensive multi-region derivatives access for global investment strategies.
- • Cloud-based delivery eliminates the need for firms to download and maintain large local datasets, reducing operational overhead while enabling direct querying of OptionMetrics data within existing Snowflake environments.
- • The intraday data offering is particularly relevant for quantitative teams analyzing short-dated options strategies and intraday volatility patterns, supporting derivatives strategy research, backtesting, and risk management workflows.
Summary
The integrated offering addresses a core operational challenge for quant-driven investment teams: the infrastructure and storage burden associated with maintaining large historical options datasets locally. By migrating this capability to Snowflake, institutional clients can conduct derivatives strategy research, backtesting, volatility analysis, and risk management without the capital expenditure and technical overhead of dedicated data storage and management systems.
OptionMetrics' catalogue accessible through Snowflake includes its flagship IvyDB US database—covering historical end-of-day US options data—alongside an intraday version providing three daily snapshots at 10:00am, 2:00pm, and 3:45pm Eastern Time. The intraday offering is particularly valuable for quantitative teams analyzing short-dated options strategies and tracking volatility dynamics throughout the trading session. Beyond US markets, the integration includes IvyDB Europe, IvyDB Asia, IvyDB Canada, IvyDB Global Indices, and IvyDB Futures covering US and European derivatives, delivering comprehensive coverage across major global options exchanges including markets in Hong Kong, Japan, Taiwan, South Korea, and Australia.
This cloud-based model reduces operational friction for multi-asset derivatives research teams while maintaining data governance within a single platform architecture. The arrangement reflects broader industry trends toward consolidating data infrastructure within cloud environments rather than managing federated systems.
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