Artificial Intelligence Integration Initiated by Dubai Financial Market for Enhanced Investor Convenience
Get the scoop on the Dubai Financial Market's (DFM) newly integrated AI features on its iVestor app! The updates are designed to make financial information a breeze for investors of all levels to understand.
Dubbed the Smart Disclosures and Financial Summary, these features were unveiled during the 3rd MENA Capital Market Summit on May 6-7 at Madinat Jumeirah. The event marked the debut of the ability to trade DFM shares within the platform, strengthening DFM's commitment to digital access and smart decision-making improvements.
The Smart Disclosures function transforms complex company announcements into clear, digestible summaries, emphasizing critical information. On the other hand, Financial Summary delivers a quick, concise snapshot of a company's key performance indicators, such as revenue, profit, and earnings per share.
These updates are a game-changer, especially for newer and younger investors, as they boost confidence, reduce barriers, and simplify the process of engaging with financial information. DFM aims to streamline disclosures and reports, making market participation more accessible for users.
As quoted by Hamed Ali, CEO of DFM and Nasdaq Dubai, these advancements are part of DFM's mission to evolve iVestor from a dividend-centric platform into a comprehensive investment hub. Beyond dividends, iVestor now supports IPO subscriptions, private offerings, portfolio management, fund transfers, and market tracking.
With over 240,000 users hailing from more than 100 nationalities, iVestor stands out as a significant gateway to Dubai’s capital markets. The addition of AI tools underscores DFM's dedication to delivering a user-friendly, innovative experience, ensuring long-term investor engagement.
P.S. If you fancy more in-depth features, iVestor offers portfolio management, market watch, instant cash dividends, virtual cards, transaction history, and spending tracking, tailoring your experience to fit your preferences and financial goals while boosting convenience, real-time data access, and personalization!
Catch up on more updates at Emirates News Agency.
- The Smart Disclosures and Financial Summary features, unveiled at the 3rd MENA Capital Market Summit, aim to transform complex company announcements into digestible information, emphasizing critical details.
- Dubai Financial Market (DFM) invests in artificial-intelligence technology to simplify financial information, making it more accessible for users of all levels and emphasizing trade, finance, and business improvements.
- With the integration of AI tools on its iVestor app, DFM is evolving the platform from a dividend-centric platform to a comprehensive investment hub, offering features like IPO subscriptions, private offerings, portfolio management, fund transfers, and market tracking.
- By streamlining disclosures and reports, DFM seeks to reduce barriers and boost innovation, encouraging long-term investor engagement with over 240,000 users from more than 100 nationalities, ensuring a user-friendly, efficient, and personalized experience in the Dubai capital markets.
