BMLL and Wamid – the technology and innovation arm of Saudi Tadawul Group (STG) – have launched a new platform, Wamid Analytics, designed to enhance institutional research and trading strategy optimisation, among other use cases.
Specifically, the offering is a suite of
advanced market analytics solutions designed to enhance transparency, insight, and efficiency across the Saudi Arabian and global capital markets.
Developed in collaboration with BMLL, it will enable both local and international market participants to access sophisticated analytics tools for global markets – available both in Arabic and English.
Yazeed Al Domaiji, chief executive of Wamid, said: “The launch of WAMID Analytics represents a major step forward in WAMID’s mission to deliver innovative market infrastructure solutions that strengthen the Saudi capital market and enhance its global integration.”
Read more – BMLL and Saudi Tadawul Group partner
The core of the Wamid Analytics suite is the no-code, cloud-based dashboard.
The platform is set to provide access to advanced metrics derived from order book data collected from global equity markets, and allows users to analyse market behaviour, liquidity, and execution quality in granular detail.
In addition to the analytics library, Wamid Analytics offers intuitive visual tools that enable users to compare trends, benchmark performance, and explore market microstructure across time horizons.