Lakehouse for Financial Services

Powering the data and AI–driven financial services institution of the future

Four data challenges in
financial services

Data governance and management

Lack of data agility and model reproducibility makes it challenging to meet the regulatory requirements unique to financial services.

Deeper customer insights

Data silos prevent a complete view of customer behaviors, cross-selling opportunities and the insights needed for hyper-personalization at scale.

Real-time decisions

Vendor lock-in and disjointed tools hinder the ability to do real-time analytics that drive and democratize smarter financial decisions.

Access to third-party data

Legacy technologies can’t harness financial and customer insights from fast-growing unstructured and alternative data sets and don’t offer open data sharing capabilities to fuel collaboration.

Lakehouse for Financial Services

Unified data and AI platform

A single platform that brings together all your data and analytics workloads to enable transformative innovations for modern financial services institutions.

Partner solutions

The world’s leading solution providers are building for the Lakehouse for Financial Services. Take advantage of pre-built offerings that accelerate data-driven transformation.

Tools to accelerate business outcomes

Databricks and its partners have created a full range of Solution Accelerators that make it easy to tackle common financial services use cases, from ESG investing to fraud prevention.

Industry collaboration

Enable secure and open data sharing with our data ecosystem — featuring S&P Global, Intercontinental Exchange, FactSet and Nasdaq — to unlock innovations that drive sustainable value creation.

Transforming financial services with
Lakehouse

“Nasdaq’s data and AI vision is powered by Databricks Lakehouse. We use it to process huge amounts of complex financial and alternative data to create data and insights for our clients. Databricks is also an important part of our efforts to modernize data delivery and consumption. It enables us to seamlessly deliver data directly into analytical workspaces, so our clients can analyze and integrate mission-critical data quickly without having to move terabytes of data around.”

— Bill Dague, Head of Nasdaq Data Link, Nasdaq

abn-amro

aia

m&g-investments

finra

fis

swedbank

mckinsey

schroders

td-bank

raiffeisen

zurich

Why Lakehouse for Financial Services?

Unify data and AI on an open and collaborative platform that empowers you to minimize risk, deliver superior customer experiences and accelerate innovation

Governed approach to risk management and compliance

Simplify the complexity of regulatory reporting, risk
management and compliance by securely streamlining the
acquisition, processing and transmission of data to
empower better data governance practices.

Personalized products and services

Unify a variety of data — from market to alternative data —
enabling hyper-personalized experiences that drive cross-
selling opportunities, customer satisfaction and share of
wallet.

Real-time insights, smarter decisions

Rapidly ingest all your data sources at scale to make better
investment decisions, quickly detect new fraud patterns
and bring real-time capabilities to risk management
practices.

Open data sharing and data monetization

Bring together vast amounts of internal and third-party data
to share innovative financial solutions, monetize new data
products and deliver advanced analytics capabilities to any
cloud or tool without getting locked into proprietary
technologies.

Download the eBook