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# Addepar launches Data Exchange on Databricks as AI-ready data foundation
- URL: https://www.ai-360.online/addepar-data-exchange-databricks-ai-ready-foundation/
- Published: 2026-05-08T12:00:00.000Z
- Updated: 2026-10-26T17:12:20.000Z
- Description: Addepar made Addepar Data Exchange available on Databricks so firms can synchronise governed investment data for analytics, CRM, reconciliation and AI workflows.
- Author: AI-360
- Tags: BFSI, News, #company-addepar, Product, #industry-banking-finance

[Addepar](https://addepar.com/?ref=ai-360.online) made Addepar Data Exchange (ADX) available to clients as an AI-ready data foundation built on Databricks, Vernon Gomes wrote on the company blog on 8 May 2026.

ADX is positioned as a governed layer to synchronise and activate investment data across portfolio systems, CRM, custodians, warehouses and business-intelligence tools. Addepar said it uses the same foundation that scaled the platform to about US$9 trillion of assets across more than 1,400 firms. Called-out use cases include feeding BI analytics, enriching CRM advisor workflows, automating reconciliation and reporting, and supporting machine-learning applications and agentic workflows on clean governed data.

The company contrasted ADX with fragmented exports and custom pipelines, arguing for a single source inside the Addepar ecosystem for reporting, analytics and automation. The product is distinct from Addison, launched in March 2026, and from Addepar's separate May 2026 agents-and-workflows update already live on AI-360.

Scale figures and AI-readiness claims are vendor assertions and have not been independently verified by AI-360.

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