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.
From left: Michael Galea Group COO, Nick Calamatta Group Co-CEO, Alex Cuschieri Chairman, Gabie Calamatta Head of CSR and Alex Cuschieri Group Co-CEO
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 person-to-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, high-value and comprehensive service.