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From improving reconciliation to AI:
3 ways firms use Addepar Data Exchange
First, what is Addepar Data Exchange (ADX)?
Addepar Data Exchange (ADX) is a managed data lakehouse powered by Databricks within the Addepar platform. It connects a firm's financial data infrastructure to a governed, scalable workspace where financial professionals and technical teams can work from the same trusted foundation.
Instead of gathering pipelines, point solutions or legacy spreadsheets, ADX provides a data layer through which portfolio, ownership and transaction data can flow seamlessly across systems. This means less time preparing and reconciling data and more time generating insight, accurate analytics and AI workflows.
So what becomes possible when firms finally have a governed, enriched foundation for their financial and third-party data?
Here are three ways firms are using ADX today.
1. To deliver consistent, governed data firmwide
Most firms struggle with fragmented, ungoverned data. Portfolio data lives in one system, CRM data in another and reporting logic in spreadsheets. Add in Business Intelligence (BI) tools and analytics, and you have data mismatching and drift taking hold of business users.
ADX brings together Addepar’s structured financial data, integrates seamlessly with internal and external systems, and connects directly to BI, AI and machine learning tools — all within a governed environment.
The result is a single place where firms can access, enrich and activate their data without rebuilding infrastructure or managing complex integrations. Firms use ADX as the central data layer to power their analytics ecosystem, enabling dashboards, reports and models that all run from the same trusted dataset.
Capabilities like the ADX data model and data streaming make this possible by enabling firms to:
Create standardized reporting datasets
Stream entity and ownership updates in near real time
Integrate with Snowflake, Salesforce and BI platforms
Maintain consistent data across teams and systems
Instead of recreating data across dashboards and warehouses, firms build analytics once and trust that the data is accurate and governed.
2. To build a trusted foundation for AI and advanced analytics
It’s no secret that AI is only as powerful as the data it runs on.
Without a governed data layer, firms often experiment with AI tools that pull from fragmented or inconsistent datasets, leading to unreliable, risky outputs. By providing a governed, enriched data foundation, firms harness AI workflows across the Addepar platform and their broader tech stack.
With ADX, teams can:
Query trusted data with natural language
Build predictive AI/ML models
Power AI agents that provide operational leverage
Create more automated insights across portfolios, entities and performance data
Instead of isolated, risky AI experiments, Addepar offers an end-to-end approach to governing and leveraging AI within a firm.
3. To strengthen reconciliation and historical trust
As firms scale, understanding how data changes over time becomes just as important as accessing it. ADX provides built-in capabilities that allow firms to track historical states of their data and maintain clear lineage across their systems.
ADX feature Data Archive captures point-in-time snapshots of data, allowing teams to revisit historical portfolio states for:
Billing validation
Investor reporting
Compliance and audits
Risk and performance analysis
Instead of reconstructing historical data from files or managing pipelines, firms can simply access historical snapshots of their reporting data directly in ADX. This creates a clear answer not just to what changed, but also when and why it changed.
Transforming data into intelligence
Addepar Data Exchange transforms how firms work with their data. By providing a governed lakehouse built specifically for capital markets, investment professionals can move beyond fragmented tools, manual processes and ungoverned data.
Instead of managing infrastructure, teams can focus on what matters most: analyzing portfolios, scaling insights and building smart workflows.
Addepar Data Exchange enables RIAs, enterprises and institutions to consolidate data once and govern it once to reuse everywhere. By creating a shared foundation for front-, middle-, and back-office teams, firms can replace disconnected pipelines with a single source of truth that turns complex portfolios into usable insights at scale.