Addepar Launches ADX Data Exchange to Unify Advisor Data and Enable AI
Addepar has launched the Addepar Data Exchange (ADX), a managed data environment designed to help wealth management firms unify fragmented data sources and deploy artificial intelligence at scale. The New York-based fintech, which manages over $9 trillion in assets, introduced ADX to solve the 'swivel chair problem,' where advisors must toggle between disconnected systems like CRMs, portfolio management tools, and general ledgers. This launch follows Addepar's May 2025 acquisition of AI workflow startup Arcus and the earlier introduction of its AI assistant, Addison. ADX allows firms to ingest external data alongside native investment data, creating a complete client picture that supports nuanced business analysis and custom modeling. Bob Pisani, Addepar’s Chief Technology Officer, stated that ADX serves as the infrastructure layer for Addison, enabling more contextually grounded AI outputs. The platform is particularly valuable for mid-to-large firms navigating M&A-driven growth by facilitating faster data integration. Addepar aims to shift its client experience to an 'AI-first, data-first' model within the next two years, ensuring enterprise-grade scalability for its 1,400-plus global clients.
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Addepar Launches ADX Data Exchange to Unify Advisor Data and Enable AI
Addepar has launched the Addepar Data Exchange (ADX), a managed data environment designed to help wealth management firms unify fragmented data sources and deploy artificial intelligence at scale. The New York-based fintech, which manages over $9 trillion in assets, introduced ADX to solve the 'swivel chair problem,' where advisors must toggle between disconnected systems like CRMs, portfolio management tools, and general ledgers. This launch follows Addepar's May 2025 acquisition of AI workflow startup Arcus and the earlier introduction of its AI assistant, Addison. ADX allows firms to ingest external data alongside native investment data, creating a complete client picture that supports nuanced business analysis and custom modeling. Bob Pisani, Addepar’s Chief Technology Officer, stated that ADX serves as the infrastructure layer for Addison, enabling more contextually grounded AI outputs. The platform is particularly valuable for mid-to-large firms navigating M&A-driven growth by facilitating faster data integration. Addepar aims to shift its client experience to an 'AI-first, data-first' model within the next two years, ensuring enterprise-grade scalability for its 1,400-plus global clients.
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