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Industry news

Wamid partners with BMLL


02 June 2025 Saudi Arabia
Reporter: Jack McRae

Generic business image for news article
Image: stock.adobe.com/Tokyo Studio
Wamid, the technology and innovation arm of Saudi Tadawul Group, has partnered with BMLL Technologies with the aim of bringing advanced analytics tools to the Saudi capital markets.

The collaboration brings to the region a platform that enables quant teams, analysts and institutional investors to access deep historical order book data and run advanced models in a Python-native environment.

The platform aims to help increase market transparency, insight-led decision making, and the development of a more sophisticated market infrastructure in Saudi Arabia.

Paul Humphrey, CEO of BMLL, says: “Our mission at BMLL is to democratise access to the most sophisticated market data and analytics of the highest quality, enabling firms to make better-informed decisions. This partnership is a testament to the trust global institutions place in our data and analytics solutions.”
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