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Dlala Brokerage — ZagTrader case study
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Dlala Brokerage
Brokerage
Qatar
Partner since 2016

A decade of trusted trading technology

How Dlala Brokerage modernized its full trading and back-office stack with ZagTrader across a ten-year partnership — becoming one of Qatar's first brokers certified on the Qatar Exchange's new core system.

Download the case study (PDF)

The challenge

The Qatar Exchange implemented a new mandatory core system, requiring all brokers — including Dlala — to comply with updated regulatory and connectivity requirements. Dlala's legacy platform had reached end-of-life with no vendor support, creating operational risk and a competitive disadvantage, so the firm ran a competitive RFP to procure a comprehensive replacement.

In parallel, Dlala relied on manual, Excel-based risk scoring, with no automated mechanism for screening clients against PEP, sanctions, and high-risk-country watchlists. Compliance teams spent excessive time on reclassification, with no audit trail and limited alignment with QFMA regulations.

About Dlala Brokerage

Dlala Brokerage is a brokerage firm operating on the Qatar Exchange (QSE). ZagTrader has been its trading-technology partner since 2016, delivering an integrated front-to-back stack across two strategic engagements over ten years.

What ZagTrader delivers

  • Multi-asset OMS / trading system and dealer terminal
  • Back office for brokerage operations, accounts, and reporting
  • Web trading portal and mobile trading apps for end clients
  • White-label trading channels
  • Market data feed and real-time streaming
  • FIX engine and Qatar Exchange connectivity
  • Digital onboarding and KYC
  • Risk Factor Classification Engine — configurable scoring, scheduled reclassification, audit trail, and manual-override controls
  • AML screening for PEP, sanctions, and watchlists, aligned with QFMA and QCSD requirements
  • Regulatory and back-office reporting

Results & outcomes

  • Qatar Exchange certification achieved on schedule — among the first Qatari brokers ready on the new core system
  • Met the new mandatory market-infrastructure requirements ahead of peers
  • Replaced manual, Excel-based risk scoring with configurable, audit-tracked classification
  • Real-time PEP, sanctions, and watchlist screening aligned with QFMA and QCSD
  • Streamlined back-office and compliance workflows, refocusing teams on higher-value work
  • A ten-year partnership (2016–present) on a single, integrated front-to-back stack

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