Modelity Technologies

Modeling Platform for Financial Institutions

Fintech & Insurtech
Acquired by Lucht Probst Associates (LPA) on Aug, 2019
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Company Overview

Snapshot

Founded in October 1999 by Ayal Leibowitz, Modelity Technologies operated with 11–50 employees. The company was acquired by Lucht Probst Associates (LPA) in August 2019.

Business overview

Modelity Technologies provides a flexible platform for financial modeling and portfolio analytics to banks, insurance companies, and other financial institutions. Its core products include a configurable financial model library and a platform for creating and delivering financial analytical content. The company operates within the Fintech & Insurtech sector, serving the financial services industry, including banks and insurance, with a focus on investment and portfolio management, and trading.

Strategic signal

In August 2019, Modelity Technologies was acquired by German company Lucht Probst Associates (LPA). This acquisition signals a strategic consolidation within the fintech sector, with LPA expanding its capabilities in financial modeling and analytics by integrating Modelity's established platform and expertise.

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Company Intelligence Q&A

When was Modelity Technologies founded?
Modelity Technologies was founded in October 1999.
Who is a founder of Modelity Technologies?
Ayal Leibowitz is a co-founder of Modelity Technologies.
What is Modelity Technologies' primary sector?
Modelity Technologies operates primarily in the Fintech & Insurtech sector.
What was a significant corporate milestone for Modelity Technologies?
Modelity Technologies was acquired by Lucht Probst Associates (LPA) in August 2019.
What recognition did Modelity Technologies receive in 2017?
In November 2017, Modelity Technologies was recognized for its regulatory technology initiative by Risk.net.
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