Israeli financial modeling co Modelity wins int'l award

This is the second consecutive year that Modelity Technologies has won Structured Products Magazine's Technology Innovation award.

Israeli company Modelity Technologies was presented with Structured Products Magazine's 2011 Technology Innovation award at a ceremony held in London last week.

This is the second consecutive year that Modelity has won this prestigious award. The year was marked by the expansion of product information channels, including tablets and smartphones, combining HTML5-based technologies.

Modelity was chosen from among the world's leading financial technology companies. "What they offered was unique, and it seemed the logical choice for RBS" said Zak de Mariveles, managing director at RBS Global Banking & Markets.

Modelity develops and markets software for the financial market, combining innovative technology with advanced financial knowledge. Modelity / Structures is a comprehensive system for managing structured products, generating interactive graphic explanations aimed at ensuring that the client understands the nature of the products purchased. The software follows a structured product through its life stages including the offering, initial marketing, reporting performance to the customers, and culminating with the expiration date.

Structured products are complex financial products for specialized investment strategies, such as gaining exposure to stock markets while protecting the principal invested. Another of the company's products, Modelity / Advisor, is a platform providing a supported decision system for financial consulting processes. Modelity's clients include most of Israel's and some of the world's leading financial institutions such as Barclays, RBS, Rabobank and Danske Bank.

Published by Globes [online], Israel business news - - on December 1, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011 Figures presented by the Kibbutz Industries Assocoatoin tat its annual gathering

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