Modelity Technologies Overview
Modelity Technologies provides banks, insurance companies, and other financial institutions with a flexible platform for financial modeling and portfolio analytics. The companys products include a fully configurable financial model library and a platform for creating and delivering financial analytical content.
Latest News
growth-positive
German co LPA buys Israeli fintech co Modelity
German company Lucht Probst Associates (LPA) has acquired Israeli rival Modelity Technologies. The acquisition is being financed by Motive Partners. Modelity will become LPAs development and innovation center in Israel. Modelity has raised $5 million to date from ClalTech, Poalim Capital Markets, and Reuven Ben Menachem. Modelitys revenue has increased from $5 million in 2017 to $10 million in 2018. Modelity is developing a software platform for financial institutions. The acquisition is part of LPAs expansion strategy in the European market. LPA currently provides financial transparency services to consumers and with the acquisition of Modelity, it will be able to provide all services from beginning to end.
Acquisition
growth-positive
Regulatory technology initiative of the year: Modelity - Risk.net
Modelity Technologies, a technology provider in the financial services industry, has experienced significant growth due to its ability to meet the requirements of the Packaged Retail and Insurance-based Investment Products (Priips) regulation. The companys Modelity/Structures platform, which offers sales, support, and management tools for structured products businesses, became essential for compliance with Priips. Modelity has been working on its Priips project, which has led to a doubling of its staff in the past two years. The regulation presents challenges in terms of the vast universe of product types it covers and the open issues left to market interpretation. Modelity has actively contributed to addressing these issues through its involvement in industry forums and the development of methodologies and technologies to support compliance.
Customers
growth-positive
Israeli financial modeling co Modelity wins int'l award
Modelity Technologies, an Israeli company, has won Structured Products Magazines Technology Innovation award for the second consecutive year. The company develops and markets software for the financial market, combining innovative technology with advanced financial knowledge. Modelitys products include Modelity/Structures, a system for managing structured products, and Modelity/Advisor, a platform for financial consulting processes. The companys clients include leading financial institutions such as Barclays, RBS, Rabobank, and Danske Bank. The article highlights the expansion of product information channels and the use of HTML5-based technologies. The award recognition and positive feedback from RBS indicate growth-positive impact on the company.
CustomersPartners
| Sector | Fintech & Insurtech |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | modelity.com |
| Careers | Careers page |
Locations
Yigal Alon Street 76, Tel Aviv-Yafo, Israel
Kifisias Avenue 166a, Athens, Greece
Calle de la Baha de Cdiz, 26, Madrid, Spain
Photos & Videos
No files yet
Modelity Technologies Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Fintech & InsurtechTrading & InvestingInsurtechTarget Customer
Financial ServicesFinancial ProductsInsuranceInvestment & Portfolio ManagementTradingFinancial InstitutionsBanksCore Technology
Platforms & InterfacesSoftwareTags (3)
risk-managementcomplianceback-officeGeographic Markets
EuropeSpainPolandFinlandItalySwedenNetherlandsUnited StatesModelity Technologies Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
0
Total rounds
0
Investors
Public Offering / Exit
MNAEvent
Aug 2019
Undisclosed
Modelity Technologies Lifecycle
All Events
MNAEvent
Aug 2019
Undisclosed
Modelity Technologies News
3 articles
growth-positive
German co LPA buys Israeli fintech co Modelity
German company Lucht Probst Associates (LPA) has acquired Israeli rival Modelity Technologies. The acquisition is being financed by Motive Partners. Modelity will become LPAs development and innovation center in Israel. Modelity has raised $5 million to date from ClalTech, Poalim Capital Markets, and Reuven Ben Menachem. Modelitys revenue has increased from $5 million in 2017 to $10 million in 2018. Modelity is developing a software platform for financial institutions. The acquisition is part of LPAs expansion strategy in the European market. LPA currently provides financial transparency services to consumers and with the acquisition of Modelity, it will be able to provide all services from beginning to end.
Acquisition
growth-positive
Regulatory technology initiative of the year: Modelity - Risk.net
Modelity Technologies, a technology provider in the financial services industry, has experienced significant growth due to its ability to meet the requirements of the Packaged Retail and Insurance-based Investment Products (Priips) regulation. The companys Modelity/Structures platform, which offers sales, support, and management tools for structured products businesses, became essential for compliance with Priips. Modelity has been working on its Priips project, which has led to a doubling of its staff in the past two years. The regulation presents challenges in terms of the vast universe of product types it covers and the open issues left to market interpretation. Modelity has actively contributed to addressing these issues through its involvement in industry forums and the development of methodologies and technologies to support compliance.
Customers
growth-positive
Israeli financial modeling co Modelity wins int'l award
Modelity Technologies, an Israeli company, has won Structured Products Magazines Technology Innovation award for the second consecutive year. The company develops and markets software for the financial market, combining innovative technology with advanced financial knowledge. Modelitys products include Modelity/Structures, a system for managing structured products, and Modelity/Advisor, a platform for financial consulting processes. The companys clients include leading financial institutions such as Barclays, RBS, Rabobank, and Danske Bank. The article highlights the expansion of product information channels and the use of HTML5-based technologies. The award recognition and positive feedback from RBS indicate growth-positive impact on the company.
CustomersPartners
Modelity Technologies Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 36 |
| Team members | 5 |
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Modelity Technologies Internal
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Admin Info
| Confidence | 90/100 |
| Missing | video or image, markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 512846924 |
| Crunchbase | modelity |
| Phone | +972773337030 |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | genys30@yahoo.com |
| Last update | 2021-02-21T00:00:00.000Z |
| Created | 2014-07-02T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by Lucht Probst Associates (LPA) on Aug, 2019 |