PRESSR: WAMID launches “DataHub”, an innovative centralized data platform for the Saudi Capital Market

TADAWUL GROUP

TADAWUL GROUP

1111.SA

0.00
  • Market participants can now access extensive data sets on the Saudi capital market from a single trusted source
  • Products tailored for a range of market participants including analysts, investors, issuers and exchange members
  • Flexible formats and API connectivity for automated workflows and instant accessibility

RIYADH – WAMID, the technology and innovation subsidiary of Saudi Tadawul Group (“STG”), has today announced the launch of “DataHub”. DataHub offers market participants unprecedented access to extensive Saudi capital market data from a reliable centralized source.

DataHub has launched seven data products that have been tailored for a range of market participants including analysts, investors, exchange members and issuers. WAMID will continue to launch new products through DataHub, providing market participants with streamlined access to a wide range of data and information on Saudi Arabia’s dynamic capital market.

The platform delivers products through a seamless user experience and empowers market participants to make faster, data-driven decisions - ultimately enhancing overall market efficiency and transparency. By providing easy access to data and delivering diversified, cutting-edge solutions, WAMID reaffirms its commitment to expanding access to data and advancing the capital market ecosystem in Saudi Arabia and beyond. 

Yazeed Al Domaiji, Chief Executive Officer of WAMID, said: “DataHub is a key initiative for the Saudi capital market that will enable market participants to integrate data from a trusted source into their workflows to make smarter and faster decisions. This innovative platform intensifies our focus on innovation, technology, and expanding access to data, and underscores our commitment to driving transparency, efficiency and growth across the Saudi capital market.”

DataHub offers a self-service experience for consuming data products, including latest data delivery formats such as Application Programming Interface (API), Javascript Object Notation (JSON), and other file transfer options, that provide clients with secure and scalable delivery aligned to institutional standards.

For more information about DataHub, go to DataHub

About WAMID

Founded in 2021, WAMID is the innovation arm of the Saudi Tadawul Group, supporting the development of the Saudi Capital Market in line with Vision 2030’s Financial Sector Development Program. WAMID is responsible for providing services that can help unlock the power of data and technology in the Saudi Capital Market and beyond. With a mandate to provide data, artificial intelligence (AI) and market infrastructure services, WAMID is at the forefront of leveraging emerging technologies that can help stakeholders address real-world challenges.

www.wamid.sa

Send us your press releases to pressrelease.zawya@lseg.com


Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.