Beyond the spreadsheet: how Databricks is delivering the modern CFO in Financial Services

Databricks enables CFOs to transition from operational stewards to strategic catalysts by eliminating data infrastructure barriers in financial services.

• •Financial services organizations face structural data challenges including fragmentation across legacy silos, T+1 batch latency, opaque data lineage, and semantic gaps between IT and Finance schemas that trap CFOs in operational roles
• •Unity Catalog provides end-to-end lineage and governance from raw transactions to final reports, eliminating manual audit reconstruction and enabling regulatory queries to be answered in seconds instead of weeks
• •Lakeflow eliminates batch processing delays through real-time streaming, enabling Treasury teams to monitor intraday liquidity and automatically post transactions to the General Ledger as events occur
• •Genie leverages LLMs to bridge the semantic gap between technical data schemas and business language, allowing CFOs to query financial data in plain English rather than spending 80% of time