Financial Services

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Financial services

Financial Services & FinTech

The financial services industry includes companies that offer regulated services to clients, or professional services to regulated entities. Amongst these we find banks, fund managers, insurance companies but also professionals offering accountancy, auditing, tax advisory, consultancy and corporate services. Financial services form part of a very delicate sector due to the nature of what they do and their access to sensitive information. Financial services companies use technology and dedicated software applications, thus enabling them to provide a better service to their clients.

Due to the sensitive nature and high-standard compliance requirements, security is at the forefront. Hosting at the Melita Data Centre provides them with peace of mind that they have all the necessary security in place. The Data Centre’s high standards and dedication to compliance ensures that there is virtually no downtime, which would not be possible within their own IT infrastructure. Finally, the Data Centre also promises complete customisation to its clients, thus ensuring there are no limitations when it comes to changes and company developments.

The key regulators in this area are the Malta Financial Services Authority as well as the Central Bank of Malta.

MFSA

How can Smart Cloud help?

Whether you operate a traditional bricks and mortar financial operation, or a pure online platform we can provide solutions that address your uptime and security concerns. If required, our team will also coordinate with your technical resources, and compliance team to complete any necessary regulatory application process.

Dedicated Servers

For larger, more demanding live gaming operations.
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VPS and Cloud

For database replica or smaller start-up operations.
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Colocation

Your team manages the infrastructure, we manage your uptime and security.
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Why Smart Cloud

Flexibility

At Smart Cloud we follow a very simple philosophy – we listen to the evolving needs of our customers and adapt to them. To be flexible defines us as a business and is why we chose to include Smart in our name.

Security

We implement a range of security measures to ensure that no unauthorized access to your data can occur. This is achieved both at cloud infrastructure level as well physical facilities. Our data centres are both PCI-DSS as well as ISO 27001 certified.

Keep it local

Your data and services are hosted locally improving latency. This also enables you to fulfil stringent data protection regulations, as well as licensing conditions for regulated business operations. You can visit the facilities and meet the team that support our cloud infrastructure.

Passionate

We truly believe in and love what we do. We are driven to make the cloud experience better by blending the core intrinsic needs of the market with industry trends. Our roadmap has a beginning, but no end and we’re devoted to expanding our offerings relentlessly.

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Why Choose Malta?

Malta is a cosmopolitan location offering a safe, stable and attractive business environment. The island is conveniently located in the middle of the Mediterranean, is a member of the European Union and the Eurozone, and is part of the Schengen Agreement. These factors offer  protection to businesses and individuals, allowing people who are EU members to move freely and for European transactions to be made in an easier and cheaper manner.

Malta offers low setup and operating costs coupled with attractive investment incentives. It has bilateral investment agreements with over 15 countries, double tax treaties with most major countries and reduced rates of income tax among others. The island has a lot to offer, including a sound legal, regulatory, accounting and banking system, and a highly-developed ICT infrastructure and financial services centre creating the right environment for foreign companies to relocate.

There are several large industries operating on the island. One of the key ones is the iGaming sector, the industry is thriving with the number of licensees continuing to grow year-on-year. As a result, Malta has become recognised as one of the leading remote gaming jurisdictions in the world, with a developed regulatory environment and infrastructure that fully supports this industry.

Malta