Oxyfinz Unveils Free Software Initiative to Bridge the UAE Wealth Management Technology Gap

The Fintech Times. (2026, June 27). Oxyfinz unveils free software initiative to bridge the UAE wealth management technology gap. The Fintech Times. https://thefintechtimes.com/oxyfinz-unveils-free-software-initiative-to-bridge-the-uae-wealth-management-technology-gap/

• UAE-based wealthtech and data intelligence platform Oxyfinz has launched an SME growth initiative that grants select boutique firms free access to enterprise-grade portfolio management tools and data infrastructure.

• The program opens the complete Oxyfinz software suite to 20 qualifying firms at no cost for an initial 12-month period, with no feature limitations, usage caps, or hidden conditions.

• Eligibility is open to boutique wealth and asset managers, independent External Asset Managers, multi-family offices, and capital advisory firms operating within the DIFC and ADGM jurisdictions that currently manage fewer than 20 active clients.

• The initiative targets a technological disparity in which boutique and independent firms rely on manual workflows for data aggregation, trade reconciliation, and portfolio lifecycle management while large institutions deploy sophisticated integrated frameworks.

• The Abu Dhabi Global Market recorded a 57 per cent increase in Assets Under Management during the first quarter of 2026, while the Dubai International Financial Centre wealth hub now hosts more than 500 asset and wealth management firms.

• CEO Vedant Makhija said the initiative is designed to eliminate the manual burden so boutique External Asset Managers can automate their infrastructure, combat rising operational costs, and compete at an institutional level.

• Established in the UAE in 2023, Oxyfinz consolidates multi-asset data streams into real-time insights via a unified dashboard, and qualifying regional firms can submit applications through the company portal starting today.