Alkhabeer Capital Becomes the First Financial Institution to Adopt Wamid’s Co-Location Hosting Service

Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, announced its adoption of the Co-Location hosting service offered by Wamid, the innovative technology arm of the Saudi Tadawul Group, making it the first financial institution to do so.

This strategic collaboration provides Alkhabeer with direct access to the Saudi financial market’s infrastructure, significantly reducing latency and enhancing execution efficiency. By hosting its trading systems directly in Wamid’s state-of-the-art data center, the firm strengthens its competitive edge by ensuring faster order execution, real-time access to market data, and the highest levels of operational reliability.

This pioneering step underscores Alkhabeer Capital’s commitment to technological innovation in the Saudi financial market. By leveraging cutting-edge market infrastructure solutions, the firm not only enhances its own operational capabilities but also contributes to the development of a more efficient and technologically advanced financial ecosystem across the Kingdom. This initiative aligns with the Financial Sector Development Program, one of the programs under Vision 2030, which prioritizes innovation and digital transformation to boost market efficiency and investment appeal.

Commenting on this achievement, Ahmed Saud Ghouth, CEO of Alkhabeer Capital, said: "We take great pride in being the first financial institution to adopt Wamid’s Co-Location hosting service. This reflects our ongoing commitment to embracing innovative technological solutions that enhance the services we offer our clients. By reducing latency and improving real-time market data access, we are better positioned to deliver faster and more efficient services, ensuring the highest standards of performance and reliability for our clients."

This move is part of Alkhabeer Capital’s comprehensive digital transformation strategy, reinforcing its leadership in adopting innovative solutions and delivering exceptional value to clients.

Alkhabeer Capital is one of the leading capital market institutions in Saudi Arabia, authorized by the Capital Market Authority under License No. 07074-37 and headquartered in Jeddah, Kingdom of Saudi Arabia, with a branch in Riyadh. The Company provides innovative world-class investment products and solutions in private equity, financial markets, and real estate investments, in addition to offering investment banking and brokerage services.