Bank of Valletta (BOV), Malta’s oldest and largest financial institution, is making significant strides in enhancing its portfolio management and investment services operations. By partnering with Profile Software, a Greece-based vendor, BOV aims to amplify its investment services using the Axia Suite. The Axia Suite, which had a successful implementation by Jamaican asset management firm MoneyMasters in 2023, is poised to revolutionize BOV’s investment operations. This powerful software suite promises to deliver comprehensive client profiling, centralized portfolio management tools, and facilitate both single and mass order bulking for client investment transactions. With advanced features like risk management, portfolio modeling and rebalancing, fee calculation, and performance tracking, the Axia Suite stands out as a robust platform for modern financial institutions.
Commitment to Modernization
Since its founding in 1974, BOV has continually broadened its service offerings, now encompassing private banking, fund management, stockbroking, bancassurance, and investment banking through a network of 44 branches. This latest upgrade underscores BOV’s continuous effort to modernize its operations and deliver top-notch services to its clients. Previously, the bank collaborated with Resistant AI to bolster its anti-money laundering framework using the Transaction Forensics tool. This step highlights BOV’s commitment to enhancing its technology and ensuring the security and compliance of its activities. By adopting the Axia Suite, BOV is not only advancing its technological capabilities but also setting a benchmark for financial services in Malta and beyond. Implementing such advanced tools signifies a strategic move toward a more streamlined, efficient, and customer-focused investment service experience, paving the way for a prosperous future for the bank’s clients and stakeholders.
