The Abu Dhabi Securities Exchange (ADX) and Saal.ai announced a strategic collaboration under which Saal.ai has been engaged to support the design and implementation of a next-generation market data dissemination platform for ADX. The announcement was made on the sidelines of UMEX, held at ADNEC in Abu Dhabi, aligning the milestone with one of the region’s leading platforms for innovation.
The collaboration aims to further strengthen ADX’s ability to manage, distribute, and commercialize its market data products in a controlled, scalable, and future-ready manner, while building on ADX’s existing data platform and digital infrastructure. Under this engagement, Saal.ai will work closely with ADX to enable a unified framework for market data distribution, supporting both real-time and periodic data delivery to brokers, vendors, and investors through multiple channels. The initiative is designed to provide ADX with greater flexibility, governance, and oversight across its data offerings as market needs continue to evolve.
This collaboration reflects ADX’s continued commitment to enhancing transparency, accessibility, and innovation across its market data ecosystem. It also aligns with Saal.ai’s mission to deliver trusted, enterprise-grade data and AI offerings that support critical national and financial market infrastructure.
Vikram Poduval, Chief Executive Officer of Saal.ai, said: “This collaboration with ADX reflects a shared commitment to strengthening the UAE’s financial market infrastructure through trusted, sovereign, and future-ready data capabilities. By supporting the evolution of ADX’s market data platform, we are contributing to a resilient national ecosystem that enhances transparency, enables innovation, and reinforces the UAE’s position as a leading global financial hub.”
Abdulla Salem Al Nuaimi, Group CEO, ADX Group, commented: By working together, ADX and Saal.ai aim to establish a robust foundation that supports current market requirements while enabling future data-driven services and monetization opportunities.