Saudi Arabia's Edaa is expanding from depository utility into fund-distribution and debt-servicing infrastructure

Saudi market infrastructure is widening beyond safekeeping into mutual-fund distribution, debt-market omnibus custody, and broader servicing through Edaa Connect and adjacent post-trade services.

The source stack describes an operational shift, not a generic market-development message.

Edaa Connect is presented as a mutual-fund access and distribution rail, the annual report ties it to a live omnibus model in the Saudi debt market, and Edaa's 2025 plan extends the same stack into paying-agent, collateral-management, and securities-lending services.

Saudi Tadawul Group's October 2025 disclosure on Edaa matters because CMA-approved Edaa Connect, debt-market omnibus accounts, and a broader paying-agent, collateral, and lending roadmap point to a wider institutional operating role for Saudi Arabia's central securities depository.