Financial modeling and analysis company Modelity Technologies Inc. has been awarded the prestigious technological innovation prize by "Structured Products." The Tel Aviv based company received the prize at a special ceremony in London this week in the presence of many senior figures from the world of finance.

Modelity Technologies Inc., founded in 2000, focuses on providing banks, insurance companies and other financial institutions with a flexible platform for financial modeling and portfolio analytics. The company offers financial institutions proven, state-of-the-art financial modeling platform and products, to enable them to remain competitive and improve service levels. Modelity Technologies product offerings consist of fully configurable, best of breed Financial Model Libraries and a platform for creating and delivering financial analytic content.

Modelity's product supports a structured product throughout its lifespan from its offering, initial marketing, reporting and repayment. Modelity's clients include Barclays Bank, Royal Bank of Scotland and many leading banks and financial institutions in Israel and worldwide.

Published by Globes, Israel business news - www.globes-online.com - on November 7, 2010

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