A fund management background with a raft of fund administration services to offer.
BOV Fund Services Limited is a fully owned subsidiary of Bank of Valletta plc and a recognised fund administrator by the Malta Financial Services Authority. BOV Fund Services Limited, Malta’s leading fund administrator, provides a comprehensive suite of services to fund managers and fund promoters comprising of turnkey fund formation solution, as well as a full suite of fund administration including fund accounting, shareholder registry services, regulatory reporting and corporate services.
Other ancillary services comprise of; Company Secretarial Services, an Electronic Board Room, Provision of Registered Office, Portfolio Risk Reporting, Compliance Reporting, Prevention of Money Laundering Reporting, MLRO services, production of Fund Fact Sheets & KIIDs, regulatory reporting in relation to FATCA, AIFMD, CRS and other regulatory returns.
Malta's leading fund administrators
BOV Fund Services Limited is the largest fund administrator in Malta providing its services to numerous funds to a total assets under administration of over 30% of the local market. BOV Fund Services has also always been at the forefront on the island in ensuring that additional services required by funds and fund managers arising out of the spate of new regulations can be fully catered for by the company. This is possible thanks to a pro-active stance in understanding the implications of the directives, investing in state-of-the-art infrastructure and on-going training to its workforce. This continues to ensure full compliance of our customer base to the new regulations upon going live, and concurrently creates additional revenue streams to the company.
Fund managers who outsource their fund administration business to BOV Fund Services will benefit from numerous advantages including more time to focus on the fundamentals of their business such as asset acquisition and performance maximisation. Furthermore, BOV Fund Services does its utmost to ensure that we deliver specialist fund administration solutions, helping our clients to respond to today's market challenges and create tangible value for their investors.
BOV Fund Services Limited is also a subsidiary of the Bank of Valletta Group, Malta's largest banking group and is thus also able to offer complementary services such as banking, brokerage, custody services and hedging arrangements.
As indigenous players and pioneers in the funds industry, BOV Fund Services has gained an invaluable knowledge of fund administration and heftily invested in IT infrastructure as we strongly believe in international systems compliance.
Some of the many benefits of outsourcing fund administration to BOV Fund Services
BOV Fund Services' state-of-the-art IT infrastructure
As pioneers in the local funds industry, BOV Fund Services has a deep expert knowledge of fund administration and has consequently strongly invested in the IT infrastructure, further to our belief in and adherence to systems compliance. Our clients are therefore able to benefit from superior quality reports and other high-end services delivered in a timely and efficient manner.
BOV Fund Services has successfully completed and achieved its ISAE 3402 (International Standards for Assurance Engagement – previously known as Type I and Type II Certifications), following an audit performed by PricewaterhouseCoopers in Malta and Ireland. The ISAE 3402 is an internationally recognised auditing standard developed and maintained by the American Institute of Certified Public Accountants (AICPA), which is awarded to service organisations that have implemented stringent internal controls – an aspect we consider fundamental to your security and ours.