The Malta Independent on Sunday

Calamatta Cuschieri celebrates 50th anniversar­y

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Calamatta Cuschieri, Malta’s largest independen­t financial services group is celebratin­g its fiftieth anniversar­y.

Calamatta Cuschieri pioneered the Maltese financial services industry as early as 1971 and was a founding member of the Malta Stock Exchange, which today offers a wide range of financial services.

Set up in 1971 by Alfred Calamatta under the name of A. Calamatta & Partners, Calamatta Cuschieri was born in 1992 following Alex Cuschieri’s official partnershi­p after several years of collaborat­ion. This would eventually become CC Finance Group.

Since its inception as a stockbroki­ng firm, the company has continued to evolve and modernise over the years, building on its strong heritage. While it continues to offer clients advice on investment­s in bonds, funds and shares, it has also diversifie­d its business to include fund administra­tion, wealth management, life insurance and pensions services.

The company’s first inroad into financial technology came in 2004 when it started developing the proprietar­y software for what would become its award-winning proprietar­y trading platform, CC Trader, which went online in 2011, and has been recently rebranded as Moneybase Invest.

This April, CC Group launched Moneybase, Malta’s first digital payments platform. The result of a €10 million investment which further consolidat­es CC Group’s reputation in financial services and fintech innovation. Moneybase users can benefit from an integrated app that offers investment­s, SEPA and personto-person payments, as well as cards more informatio­n is available on www.moneybase.com

From its humble beginnings, Calamatta Cuschieri now employs 200 staff members, manages and administer­s more than 2 billion in assets, and serves over 30 thousand clients. This year, CC Group will continue working on its consolidat­ion phase while still delivering on its commitment to provide its clients with a personalis­ed, highvalue and comprehens­ive service.

 ?? ?? Michael Galea Group COO, Nick Calamatta Group Co-CEO, Alex Cuschieri Chairman, Gabie Calamatta Head of CSR and Alex Cuschieri Group Co-CEO
Michael Galea Group COO, Nick Calamatta Group Co-CEO, Alex Cuschieri Chairman, Gabie Calamatta Head of CSR and Alex Cuschieri Group Co-CEO

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