Databricks has introduced Lakehouse Federation, a new feature that allows users to query data directly from on-premises databases and cloud-based sources without migrating or copying the data. This capability enables financial institutions and asset managers to combine sensitive internal portfolio data with third-party financial intelligence, such as FactSet data available on the Databricks Marketplace. The system uses standard SQL and integrates with Unity Catalog, allowing for a unified view of data for dashboards and natural language queries like Genie, while maintaining data security and compliance. AI
IMPACT Enables unified data access for AI/ML workflows by federating disparate data sources without costly migrations.
RANK_REASON Databricks announced a new feature for its Lakehouse platform.
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- Databricks
- Databricks Marketplace
- FactSet
- Genie
- Lakehouse Federation
- Microsoft SQL Server
- Mosaic AI
- MySQL
- PostgreSQL
- Snowflake
- Unity Catalog
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