ADX commences remote working for employees

Abu Dhabi - The technology will enable investors and parties with interests in market operations to view all essential data with ease of viewing in a timely nature.

The Abu Dhabi Stock Exchange (ADX) has announced the launch of remote working for its employees.

Starting Tuesday, the system will empower employees to perform all of their work tasks remotely and without any need to attend the workplace.

Each department at ADX conducted several tests for the new remote working system, the success of which confirmed its operational efficiency across all electronic trading systems, as well as deposit, clearing and settlement systems. Additionally, tests also extended to services provided to brokerage firms. The technology will enable investors and parties with interests in market operations to view all essential data with ease of viewing in a timely nature.

Khalifa Salem Al Mansouri, Chief Executive of ADX said: "ADX's decision to launch a remote working system is consistent with its strategy to deal with any potential crisis scenario. The development of this system by the exchange sees it as a technological pioneer and ensures comprehensive functioning of business continuity at all times. This approach provides robust preparation to manage any potential situation that could arise at any time and therefore mitigates against interruption of workflow."

Al Mansouri added: "ADX's management process for its operational and technical operations incorporated advanced technology and high-performance technical infrastructure. This infrastructure guarantees that all employees, investors and stakeholders are empowered to fulfil all investment functions and services and continue full and complete operations under any circumstances."