Valletta, Malta, 24 April 2023 – The Central Bank of Malta has selected a global solution to support its treasury and financial market operations, including portfolio management, reserves management and FX transactions, as well as its risk management and accounting treatment.
The Central Bank of Malta selected Facilization as the technology partner for the integration of the bank’s core banking system with the new treasury management solution. Facilization’s proficiency in system integrations ensured a smooth process, enabling the bank a 360-degree visibility of its treasury transactions and optimized business processes.
Facilization played the system integrator’s role, supporting the Central Bank of Malta with both the integration of the treasury system with its existing Core Banking, Payments Hub and other systems, as well as with the migration of all its treasury data into a new global solution.
“Facilization is committed and geared to stand by our clients in their technology modernization efforts. We are delighted to work with the Central Bank of Malta and highly value their professionalism and teamwork, which are key ingredients in the success of complex, time-bound and innovative projects.” said Gjergji Guri, Founder & CEO, of Facilization.
The collaboration with Facilization has been critical to the impressive work over the past year, culminating in November with the successful go-live of the new treasury system.
*Photo above. From left to right: Ismail Shpati, Andrè Psaila, Deputy Governor Alexander Demarco, Governor Edward Scicluna, Kjada Dule and Vince Pace – (Photo: Melvin Bugeja)