Wakett (Malta) Limited has started its operations at SmartCity Malta. The company is a provider of IT support and maintenance services for the hardware and software utilised by the Wakett Currency Fund, a recently launched Maltese Alternative Investment Fund (AIF) regulated by the Malta Financial Services Authority.

The company supports trading software for financial markets and also provides custom software, personalised platforms, data models, trading strategies, system consulting and migration support to clients.

Speaking about the reasons why Wakett (Malta) Limited decided to establish its base in Malta, the company's CEO, Sam Bratchie said: "Manuele Marini, the Project Manager of the company has relocated to Malta from Italy to establish and launch a Maltese regulated alternative investment fund - the Wakett Currency Fund. Manuele is now a Portfolio Manager of the Fund, regulated by the Malta Financial Services Authority. Malta is considered a highly regulated financial services jurisdiction within the European Union and provides a 'European' base from which the Wakett Currency Fund can be marketed throughout the EU."

"We selected SmartCity in Malta as our operational base because it provides a world-class intelligent infrastructure designed to provide assured business continuity, an ambient working environment and a responsive support system. We are also delighted to be operating from a business facility that has and continues to adopt globally benchmarked environmentally friendly practices which makes its global network of self-sustained business parks highly energy and resource efficient," Mr Bratchie concluded.

Wakett (Malta) Limited is open on weekdays (excluding public holidays) from 8.30am to 6.30pm and is located at SCM01 Unit G03, SmartCity Malta. For further information, kindly visit www.wakett.com.