‎Saudi market’s tech infrastructure ready for foreign investors: Wamid CEO

‎Saudi market’s tech infrastructure ready for foreign investors: Wamid CEO ‎Saudi market’s tech infrastructure ready for foreign investors: Wamid CEO

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Yazeed Al-Domaiji, CEO of Wamid, said the Saudi capital market’s advanced technological infrastructure positions it to accommodate all categories of foreign investors, reflecting cumulative investments in systems, data and technology governance.

Speaking to Argaam, Al-Domaiji explained that the market’s infrastructure is built to international standards of reliability and compliance, enabling it to handle a broader range of investors and higher data flows. He stressed ongoing efforts to enhance data quality, accelerate access and integrate with global systems through Wamid, the technology arm of Saudi Tadawul Group.

He added that the company’s newly launched data platform is the region’s first centralized cloud-based platform offering direct access to Saudi market data. It aims to unify data sources, provide accurate and consistent information, and enable local and international institutions to integrate market data directly into their operational systems.

He also noted that the “Wamid Analytics” platform focuses on transforming data into actionable insights to support decision-making across market participants.

Wamid leverages AI technologies to enhance data processing, validate data quality and link datasets, improving the speed of access to information, supporting investment decision-making and enhancing user experience.

In 2026, the company will focus on developing and expanding data solutions, analytics and digital infrastructure, alongside launching new products that support market growth, strengthen transparency and align with global standards.

On a separate note, Al-Domaiji said the themes of the New York edition of the CMF Select —centered on data and artificial intelligence—are aligned with Wamid’s role in enabling access to high-quality data and transforming it into analytics that support risk pricing and investment strategy development, while enhancing the integration of the Saudi capital market with global financial systems.

 

Yazeed Al-Domaiji, CEO of Wamid, said the Saudi capital market’s advanced technological infrastructure positions it to accommodate all categories of foreign investors, reflecting cumulative investments in systems, data and technology governance.

Speaking to Argaam, Al-Domaiji explained that the market’s infrastructure is built to international standards of reliability and compliance, enabling it to handle a broader range of investors and higher data flows. He stressed ongoing efforts to enhance data quality, accelerate access and integrate with global systems through Wamid, the technology arm of Saudi Tadawul Group.

He added that the company’s newly launched data platform is the region’s first centralized cloud-based platform offering direct access to Saudi market data. It aims to unify data sources, provide accurate and consistent information, and enable local and international institutions to integrate market data directly into their operational systems.

He also noted that the “Wamid Analytics” platform focuses on transforming data into actionable insights to support decision-making across market participants.

Wamid leverages AI technologies to enhance data processing, validate data quality and link datasets, improving the speed of access to information, supporting investment decision-making and enhancing user experience.

In 2026, the company will focus on developing and expanding data solutions, analytics and digital infrastructure, alongside launching new products that support market growth, strengthen transparency and align with global standards.

On a separate note, Al-Domaiji said the themes of the New York edition of the CMF Select —centered on data and artificial intelligence—are aligned with Wamid’s role in enabling access to high-quality data and transforming it into analytics that support risk pricing and investment strategy development, while enhancing the integration of the Saudi capital market with global financial systems.

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