At a time when serious long-term strategic decisions need to be
taken to turn over a new leaf in the most effective and quickest
manner, technology could well be Malta's ray of hope.
The way technology is shaping and will continue to shape, every
sector of society is evident for all to see. Taking one of
Malta's most prominent industries, financial services, as an
example, ICT occupies a pivotal role, from payments, which have
increasingly moved from cash and paper-based methods to the use of
digital solutions, as well as securities clearing and settlement,
electronic and algorithmic trading, lending and funding operations,
peer-to-peer finance, credit rating, insurance underwriting, claim
management and back-office operations.1
