Addepar Introduces ADX for Unified Data Activation and AI Integration

Addepar has introduced Addepar Data Exchange (ADX), a managed data environment designed to unify and activate investment data across systems and workflows, announced in a press release. The platform allows firms to manage and use their data more efficiently to support analytics and AI at scale.

ADX consolidates investment information from multiple systems into a single secure layer that integrates with existing applications and infrastructure. It builds on Addepar’s data architecture, which supports over nine trillion dollars in managed assets. The system is based on technology developed with Databricks and extends the company’s internal data foundation to clients.

Through ADX, firms can structure previously isolated data into a connected resource that supports applications such as reconciliation, asset allocation modeling, and market data integration. The environment also enhances Addepar’s AI solution, Addison, by giving it access to broader, unified datasets for more contextual and transparent insights.

The company stated that ADX provides the foundation for organizations to embed AI across their operations by ensuring consistent and connected data management within financial workflows.