Money and business

"Abu Dhabi Securities" Launches 3 solutions powered by artificial intelligence during GITEX

ABU DHABI, 15th October, 2020 (WAM) – The Abu Dhabi Securities Exchange announced the launch of three new innovative solutions supported by artificial intelligence technologies, during its participation in “GITEX Global 2025”.
The new tools, namely “AI-Powered Financial Insights,” “AI-Powered Court Order Agent,” and “TAMM for Investors for Abu Dhabi Securities Exchange,” take advantage of the latest artificial intelligence technologies to enhance financial awareness, increase market transparency, and deepen financial inclusion across the UAE.
These solutions were developed in cooperation with key partners, including the “Tamm” system and the relevant judicial authorities, as part of efforts to enhance institutional cooperation between federal and local authorities and provide integrated digital services that are human-centered and keep pace with future aspirations.
His Excellency Dr. Muhammad Al-Askar, Director General of “Tamm” – Department of Government Empowerment, said that the department seeks, through cooperation with all partners in the government and private sectors, to expand the scope of services supported by artificial intelligence, which includes more than 1,100 services on the Abu Dhabi Government Services “Tamm” platform, allowing customers a more convenient and efficient experience through a comprehensive and integrated platform.

He added that adding “Tamm for Investors in the Abu Dhabi Securities Market” contributes to facilitating the lives of investors and entrepreneurs.
For his part, Abdullah Salem Al Nuaimi, CEO of the Abu Dhabi Securities Exchange Group, said that the market works, by integrating artificial intelligence into its operations and infrastructure, to improve the efficiency of operational processes and enhance the ability of investors to access disclosures and essential information, which lays solid foundations for a more comprehensive economic system in Abu Dhabi, stressing that the group will continue to launch more supported initiatives. Using artificial intelligence to meet the needs of the sector and investors.
With the Abu Dhabi Securities Exchange Group joining the unified digital “Tamm” system in Abu Dhabi, 11 million citizens, residents and companies in the country can now access the capital markets with complete ease.
Users can now register for a National Investor Number using their Emirates ID card and digital identity verification, which enables them to start trading, access their portfolios in the market, view cash dividends, manage their personal files, and benefit from real-time information based on artificial intelligence to make financial decisions based on accurate data.
The AI-Powered Financial Insights solution transforms long and complex corporate disclosures into concise, easy-to-understand summaries in both Arabic and English.

Using advanced linguistic models, users can, within seconds, extract the most important information from reports that previously required hours of manual analysis.
The system includes improvements such as AI-powered video summaries and interactive chatbots, expanding access to information for investors, analysts and stakeholders.
The initiative also includes announcements from issuers, quarterly reports, ESG summaries, and other reports, which contributes to enhancing transparency for all market participants.
The AI-powered court order agent represents a quantum leap in accelerating the execution of court orders related to securities, reducing the average processing time from 30 minutes to just 5 minutes. It also contributes to simplifying complex manual tasks, reducing human errors, and enhancing the speed of processing unstructured data received from multiple sources to support judicial procedures, ensuring the highest levels of transparency and credibility.

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