Abu Dhabi Securities Exchange (ADX), a regional financial market, announced on Friday it launched its new integrated digital platform, Sahmi. According to the organization, Sahmi provides digital services for individual investors. ADX revealed:
“Sahmi aims to manage investor relations by automating investors service requests within the platform across all major systems in ADX, as well as integrating it with digital initiatives introduced by the UAE government, such as SmartPass and The Whole of Government. The launch intends to achieve a significant transformation in the provision of government services for investors to enhance their experience within a transparent, precise, and yet, secure information system.”
ADX also reported that Sahmi represents an integrated platform providing investor services through several ADX channels such as the website and smartphone application. the platform will enable investors to apply for the service of their choice at any time and from any place without the need to visit an ADX customer service office. Speaking about Sahmi’s launch, Rashed Al Blooshi, Chief Executive of ADX, stated:
“The digital integrated platform, Sahmi, will enable a high-quality database for investors and will offer a link between different government entities through the government’s integrated system. Sahmi will eliminate the requirement of extra documents from investors.”
Al Blooshi went on to add:
“ADX has managed to achieve various accomplishments along its digital transformation journey. We have established an integrated information technology framework, which aims to strengthen the quality of service and enhance the investors’ experience. This was achieved through efficient and innovative use of technology, which saves time and effort and yet complies with the highest levels of security, while preventing counterfeiting of document requested.”