Africa and Middle East Depositories Association (AMEDA) is gearing up for its 39th Annual Forum, set to take place in the vibrant city of Doha, Qatar on May 1st and 2nd, 2024. The theme of this year’s meeting focuses on the growing use of AI at CSDs as well as Sustainability through New Initiatives while Maintaining Data Security.
This prestigious event promises to be a regional and global gathering of decision makers representing a rich diversity of experts and high-profile officials, with the aim to be a melting pot of ideas, insights, and forward-thinking sustainability strategies for the development of the financial markets in MENA.
This year’s meeting will be encompassing three critical themes: AI at CSDs with the aim shedding the light on the growing adoption of artificial intelligence (AI) within Central Securities Depositories (CSDs) and how generative AI can enhance efficiency, streamline processes, and drive innovation.
The second theme will reflect sustainability through new initiatives marking the groundbreaking sustainable approaches that ensure the longevity of CSDs while maintaining the highest standards of data security.
However, the third theme will navigate the data security which includes the main procedures of protecting sensitive information and the robust security measures essential to prevent breaches, and maintain integrity.
In this regard, H.E MR Abdulla Jaffar Abdin Chief Operating Officer Bahrain Clear, AMEDA President and WFC Vice-Chairman said that stressed the importance of fostering collaboration between various member countries while pursuing the latest policies aimed at developing CSDs and promoting cooperation between different clearing houses. He added that harnessing AI intelligently and embracing sustainable practices can build resilient CSDs that serve stakeholders effectively.
In the same vein, Mrs. Riham Khedr, AMEDA Secretary General expressed her pleasure in hosting AMEDA’s 39th Meeting in Doha adding that this annual event is vital in fostering cooperation, enhancing innovation, and integrating sustainability measures into various financial operations.
AMEDA was founded on April 27, 2005, and held its inaugural meeting in the CSD 8th conference. This non-profit organization is made up of Central Securities Depositories and Clearing Houses in Africa and the Middle East. AMEDA was established as regional and professional is to support mutual cooperation between its members and achieve its main objectives. It now has now 40 members from more than 30 countries.