BOV Fund Services is a fully owned subsidiary of Bank of Valletta plc, Malta’s largest banking group. The company was set up in 2006 to provide a comprehensive and integrated range of high-end fund administration solutions to the funds industry. Through the dedication of its highly qualified and professional human resources as well as the significant investment in state-of-the-art technology, BOV Fund Services has positioned itself as Malta’s leading fund administrator. As at May 2018, BOV Fund Services was servicing 120 investment funds for an aggregate value of €3.72 billion worth of assets, representing around 25% market share. The company also provides fund formation solutions and redomiciliation of offshore funds to Malta on a turnkey basis, opening of bank accounts and facilitating the provision of a myriad of banking services through the parent company.
BOV Fund Services is recognised to provide fund administration services by the Malta Financial Services Authority (MFSA), Malta’s financial regulator.