Abu Dhabi Securities Exchange (ADX) Commences Implementation of Remote Working

The only topic on everyone’s mind is COVID-19 and the uncertainty surrounding the pandemic. It’s easy to find yourself in an echo chamber with information overload, which can lead to anxiety and panic. By now, most of us know that we must regularly wash our hands for at least 20 seconds, practice social distancing and if you’re sick, seek medical attention. It can be hard to be cooped up at home, but COVID-19 can have a devastating impact on older sections of the population and those who are immunocompromised. This is why it’s necessary we do our part in following government instructions and practise safe hygiene.  Parents are coping with the new reality of having children at home, dealing with homeschooling all the while juggling work and household chores. There are new developments on an almost hourly basis which adds to the stressful environment. Here are easy and tangible ways parents can ease into the current situation:  Set a routine  If you are supposed to be at work at 9 am, and your kids in school by 8 am, then stick to that. Get everyone out of their pyjamas and ready for the day. This will help your family follow a routine, and your kid’s schedules won’t go haywire. More importantly, they’ll know this isn’t a vacation.  Schedule time  Set time aside for “recess” and “lunch breaks” while also ensuring you have time to prep their meals. Try and see if you can join them during this time; it’ll help synchronize your schedules and give you some family time. Come up with indoor activities you can do to break the monotony and avoid getting cabin fever.  Take turns  If you have a significant other or a neighbour in a similar situation, team up and take turns on how to manage household chores or essential grocery runs. Come up with a schedule on who will tackle certain chores such as laundry, making lunch, helping the kids with homework and who will be the more hands-on adult for the day. This will give everyone a breather and also allow you to focus on other things.  Talk to your kids  They’re bound to get antsy and restless. Have an age-appropriate conversation with them about why we’re indoors, practising social distancing and how we all need to come together during this time. Explain to them that their health and that of their friends and family is paramount and we all need to do our bit to get past this. Keep reminding them to wash their hands regularly, let you know if they have any symptoms and to keep their hands away from their faces. It’ll be hard, but practice makes perfect!  Me time  Amidst all this, it’s crucial you put aside some time during the day to focus on your own well-being and mental health. Whether that’s before the kids get up or when they’re in the midst of their online classes, you need to find ways to Re:Set yourself. If exercise is your coping tool and with gyms shut, find a video online you can follow to do at home. If you’re craving a particular dish, try your hand at cooking that — cooking is known to be therapeutic. Find small ways you can take care of yourself during this time whether that’s enjoying a nice cup of coffee by the window or catching up on your reading. You can only show up for yourself and your family when your mental and physical well-being is taken care of.

Abu Dhabi, 17 March 2020: The Abu Dhabi Stock Exchange (ADX) have announced the launch of remote working for its employees. This follows the long-term development of a new technical communication system that allowscomplete business continuity for employees that will meet all challenges and circumstances.

Starting today, the advanced system will empower employees to perform all of their work tasks remotely and without any need to attend the workplace. This approach will contribute towards ADX’s leadership position across the region as a pioneerof digital transformation.The activation of remote working follows successful technical assessments to ensure a strong and effectivesystem, in an important step that reflects the significant technical efficiency of ADX’s technological infrastructure.

Each department at ADX conducted several tests for the new remote working system, the success of which confirmed itsoperational efficiency across all electronic trading systems, as well as deposit, clearing and settlement systems. Additionally, tests also extended to services provided tobrokerage 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.

His Excellency 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 incorporatedadvanced technology and high-performance technical infrastructure. This infrastructure guaranteesthat all employees, investors and stakeholders are empowered to fulfil all investment functions and services and continue full and complete operations under any circumstances.”

The Abu Dhabi Securities Exchange monitors all urgent developments and accelerating changes that affect global trading trends and regional and local exchanges, through expert work teams with various modern technologies. The Exchange carries out constant work progressingadvanced smart and innovative solutions that will improve the performance of the market and advance its position regionally and globally.

The Exchange has a dedicated and experienced team supported by advanced smart technologies that will enhance ADX’s performance and position regionally and globally. This approach provides unique investment experiences for all parties related to the market.

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