Modelity Technologies
Modeling Platform for Financial Institutions
Company Overview
Snapshot
Founded in October 1999 by Ayal Leibowitz, Modelity Technologies operates with 11–50 employees. The company was acquired by Lucht Probst Associates (LPA) in August 2019, marking a significant milestone in its trajectory within the financial technology sector.
Business overview
Modelity Technologies provides financial institutions, including banks and insurance companies, with a flexible platform for financial modeling and portfolio analytics. Its core offerings include a fully configurable financial model library and a platform designed for creating and delivering financial analytical content. The company operates within the Fintech & Insurtech sector, serving markets across Europe and the United States with solutions in risk management, compliance, and back-office operations.
Strategic signal
In August 2019, Modelity Technologies was acquired by German company Lucht Probst Associates (LPA). This acquisition highlights the strategic value of Modelity's financial modeling and analytics platform within the broader financial technology landscape, signaling a consolidation trend and the increasing demand for sophisticated regulatory technology solutions.
Company Intelligence Q&A
- What is Modelity Technologies' primary business?
- Modelity Technologies provides a flexible platform for financial modeling and portfolio analytics to banks, insurance companies, and other financial institutions.
- When was Modelity Technologies founded?
- Modelity Technologies was founded in October 1999.
- Who acquired Modelity Technologies?
- Modelity Technologies was acquired by Lucht Probst Associates (LPA) in August 2019.
- What award did Modelity Technologies receive in 2017?
- In November 2017, Modelity Technologies received the 'Regulatory technology initiative of the year' award from Risk.net.
- Who is a co-founder of Modelity Technologies?
- Ayal Leibowitz is a co-founder and CEO of Modelity Technologies.