UAE- ADX unveils new digital platform 'Sahmi'


(MENAFN- Emirates News Agency (WAM))

ABU DHABI, 17th October, 2018 (WAM) -- Abu Dhabi Securities Exchange, ADX, has unveiled the features of its new digital platform, ‘Sahmi', during GITEX Technology Week 2018. The platform provides digital services for investors integrated with the 'SmartPass' platform and 'The Whole of Government'.

The new digital platform provides a unified service for investors, issues investor numbers, and updates investors' information. It also enables investors to inquire about profits or any information related to initial public offering, transfer securities, issue reports related to investors' portfolios, trading, deposited shares among other things.

Commenting on the new programme, Rashed Al Blooshi, Chief Executive of ADX, highlighted the importance of Sahmi in establishing a comprehensive database for investors, and automating service requests to manage investor relations, thereby achieving a significant transformation in ADX services for investors to enhance their experience.

"ADX developed the integrated digital platform Sahmi in line with the Abu Dhabi government's digital transformation and to achieve a unique change in providing new-generation services. The platform enhances the quality of information used to provide services, saves time and effort for employees, and reduces the operational requirements to archive documents, thus optimising the use of time, effort and financial resources," he added.

Sahmi, he noted, will enable a high-quality database for investors and will offer a link between different government entities through the government's system, and will eliminate requirement of extra documents from investors.

"The new platform provides unified services and a system that enables investors to manage their everyday transactions, reduces human interaction, and bolsters confidentiality and privacy of investor database, which strengthens the quality of service and enhances the investors' experience," Al Blooshi concluded.

WAM/Rola Alghoul/Nour Salman

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