WAMID Launches Cloud-Based Analytics to Transform Saudi Stock Market Insights

WAMID, the technology and innovation division of Saudi Tadawul Group, has launched WAMID Analytics—a new suite of advanced market analytics tools. The platform aims to strengthen Saudi Arabia's financial markets by providing deeper insights and greater efficiency. It marks another step in the company's push to drive digital transformation across the region.

The centrepiece of WAMID Analytics is its cloud-based Analytics Dashboard. This no-code platform allows users to access sophisticated metrics derived from order book data. Traders, researchers, and analysts can now compare trends, benchmark performance, and study market microstructure across different time frames.

The solution was developed in partnership with BMLL, a global leader in harmonised market data and analytics. WAMID Analytics is designed for a wide range of applications, from institutional research to refining trading strategies. It builds on WAMID's existing portfolio, which includes services like WAMID DataHub, WAMID Newswire, Co-Location, and Liqaa.

Yazeed Al Domaiji, CEO of WAMID, highlighted the platform's role in boosting the Saudi stock market. He noted that it enhances transparency and supports the market's integration with global stock markets. Positioned as the region's first centralised cloud-based analytics tool, it leverages AI-driven insights to serve market participants more effectively.

WAMID Analytics is now available to financial professionals in Saudi Arabia and beyond. The platform's advanced capabilities are expected to improve decision-making and operational efficiency. As part of WAMID's broader innovation strategy, it reinforces the company's position at the forefront of digital finance in the region.