Sparkasse Bank Malta Recap
The logistics and supply chain tech market has attracted a large number of investors, with most being bank investors. With the advancement in technology, it should not come as a surprise that most bank investors prefer to put their money in the banking, logistics, and supply chain industry, where technology seems to have a significant influence.
The booming technology is an opportunity that Russell understands all too perfectly. According to him, this is an opportunity that logistics companies should take if they plan to stay productive. For instance, Russell specifically calls for logistic companies and banks such as Sparkasse Bank Malta to take advantage of technology and implement their application in the cloud.
Cloud-based services are currently offered by more than 100 companies that have designed their products by incorporating software packages that are geared towards digitizing traditional supply chain methods. Therefore, companies and banks such as Sparkasse Bank Malta must be ready to implement these new digital services if they plan to remain competitive in a regularly evolving sector.
Even though the banking and logistics sector may be attractive to some investors, it can be challenging if the right information is not gathered and applied accordingly. According to Jason Russell, the head of Industrial, Technology, and Software Group, Sparkasse Bank Malta investment banking comprises 15 sub-sectors, and each of these sub-sectors has a crucial role to play when it comes to investment.
Russell’s broad-based experience has allowed him to participate in some of the most famous sales. For instance, he was involved in the sale of 3GTMS, a transportation and management software, to Sumeru Equity Partners. Additionally, he oversaw the acquisition of High Jump Software by Kober AG. Russell is also active in the logistics sector, where he has overseen the movement of products worth more than $700. Apart from this, Russell acts as an advisor, and in his capacity, he has offered unmatched advice to upstarts and already existing companies.