MANAMA: Bahrain Clear, a fully owned subsidiary of Bahrain Bourse, has launched the Skiplino cloud-based queue management system, allowing investors to pre-book online appointments via smartphones.

The service enables investors to digitally book appointments at a specific time and date.

The solution considers the investor’s current location and associated travel time, as well as any anticipated traffic delays and adjusts the appointment time accordingly to minimise the investors’ waiting time.

Bahrain Clear’s senior director of operations Abdulla Jaffar Abdin said: “The launch of the Skiplino service is part of Bahrain Clear’s efforts towards digital transformation as it provides an alternative channel for serving investors, therefore enhancing efficiency and increasing the accessibility of Bahrain Clear’s services to investors.

“The new service is part of Bahrain Clear’s digital transformation strategy and embracement of fintech to maintain an edge in innovation through enhancing investors’ experience.”

Bahrain Clear’s post-trade service offering to investors includes securities transactions depository, clearing, settlement, central registry and registration.

The cloud-based queue management service is available through Skiplino app on both iOS and Android devices.

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