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February 25, 2010

Calamatta Cuschieri Fund Services Goes Live With Linedata’s Technology

Calamatta Cuschieri Fund Services, a fund administration company and a subsidiary of Malta-based Calamatta Cuschieri, has gone live with a combination of MShare transfer agency and MFact fund accounting platforms from Linedata Services, for its newly established fund servicing business.

By CBR Staff Writer

Linedata Services went from project planning stage to full live implementation in 10 days for a fully integrated, combined MFact and MShare solution with a minimal disruption to the Calamatta Cuschieri day-to-day business.

Alan Cuschieri, director of business development at Calamatta Cuschieri, said: “Malta is expanding as a centre of excellence for fund administration, and we wanted to establish ourselves rapidly in this marketplace which is complementary to our existing business. We have aggressive growth plans and chose Linedata Services’ MFact and MShare solutions to power our fund servicing business because of their proven expertise in this area.”

Barry McConville, director f Ireland and Luxembourg at Linedata Services, said: “We are delighted to be working with Calamatta Cuschieri in Malta. This is the type of deal that illustrates our ability to support our clients’ growth, delivering what the client requires in the stipulated timeframe, thanks to our robust, scalable software and the expertise of our staff – not only in implementation but also in training and support.”

Linedata Services is a global provider of investment management and credit technology services.

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