Oxyfinz, a UAE-based wealthtech and data intelligence platform for wealth and asset management firms, has launched its SME growth initiative aimed at supporting boutique and independent External Asset Managers (EAMs) with free access to its institutional-grade tech to optimize operational efficiency. The program supports a more accessible, technology-enabled financial ecosystem across the UAE.
The Middle East financial sector is experiencing a historic surge in capital inflows, with Abu Dhabi Global Market (ADGM) recording a 57% increase in Assets Under Management (AUM) in Q1 2026, and Dubai International Financial Centre (DIFC) expanding its wealth hub to host over 500 wealth and asset management firms.
However, this rapid market growth has brought major operational challenges for smaller, independent firms. While client-facing teams are expanding quickly to manage growing wealth inflows, middle- and back-office operations remain constrained by limited automation across the EAM sector. Even with today’s global AI boom, many firms still rely on tedious, manual workflows for data aggregation, trade reconciliation, and portfolio lifecycle management – processes that can be streamlined with unified data systems.
As a result, small and independent EAMs find themselves spending disproportionate time dealing with administrative friction rather than focusing on client servicing and growth.
To address these acute industry challenges, Oxyfinz is making its enterprise-grade data infrastructure available to 20 qualifying firms – each with fewer than 20 clients at no cost for an initial 12-month period, allowing emerging firms to access the same calibre of technology traditionally available only to larger financial institutions.
The initiative is open to wealth management, asset management, multi-family offices, capital advisory, and external asset management firms operating within DIFC and ADGM. Qualifying firms will receive unrestricted access to the full Oxyfinz platform, with no limitations, feature restrictions, or hidden conditions.
“The growing capital inflows we are seeing across Dubai and Abu Dhabi present a significant growth opportunity for independent managers, but the operational realities are holding them back,” said Vedant Makhija, CEO of Oxyfinz.
“Even with today’s AI advancements, middle-office teams are still bogged down by traditional methods and manual data reconciliation. Our SME initiative is designed to eliminate that manual burden, allowing boutique EAMs to automate their infrastructure, combat rising operational costs, and compete at an institutional level on equal footing.”
For more information on the initiative, visit – Oxyfinz SME Initiative 2026
