MANAGEMENT TEAM

REUVEN BEN MENACHEM

Chairman

Reuven Ben Menachem is the Founder and former CEO of Fundtech, a leading global provider of software to the financial services sector.
Mr. Ben-Menachem led Fundtech to a successful IPO in 1998 and raised $100 million in a secondary offering in 1999. He sold Fundtech to GTCR (a Chicago-based private equity firm) in 2011, and in 2015 Fundtech was sold to a strategic buyer for $1.25B.
Prior there to, Mr. Ben MEnachem was employed at Logic Data Architects, as a Technical Director and Product Manager. From January 1984 to June 1986, served as a Director of Banking Systems at Manof Communications Systems. Prior to this role, served as a Senior Programmer and Analyst in the Israeli Air Force.
Mr. Ben-Menachem studied for a B.A. in Business at Haifa University.

AYAL LEIBOWITZ

Chief Executive Officer

Mr. Leibowitz brings over 20 years of IT and software development management experience to his position. Mr. Leibowitz is one of the founders of Modelity. Before being appointed as the CEO, he held the position of Vice President of Research & Development (between 2000 and 2007) and Vice President of Sales (between 2007 and 2008). Prior to founding Modelity, Mr. Leibowitz worked at Virginia-based MainControl, Inc. between 1996 and 1999, where he managed the development of software products for Systems Management. Mr. Leibowitz also counsels to Symantec Corporation (NASDAQ: SYMC) in the Application Performance Management area.

ASAF SERI

Chief Operating Officer

Mr. Seri brings over 20 years of experience in both software development and projects management. Before joining Modelity, Mr. Seri worked as a project manager in Software AG Israel (formerly SABRATEC LTD.), a leading software company that specializes in legacy integration. Mr. Seri served in the Israel Defense Forces’ intelligence R&D unit. Mr. Seri holds an MBA in Marketing Management, and Strategy (Summa Cum Laude) and a B.A in Computer Science & Business Administration (Cum Laude), both from Tel Aviv University.

RAVIT LEVANON

Chief Commercial Officer

Ms. Levanon has a background of over 17 years in financial markets. During the past few years in Modelity Ms. Levanon gained extensive experience in product management and sales roles, while contributing to the successful marketing of Modelity’s trading systems to a range of leading financial institutions. Before being appointed as the CCO, she held the position of VP of Sales, Trading and Advisory. Prior to joining Modelity Ms. Levanon worked as the senior analyst for the provident funds of the First International bank of Israel and as an analyst for Discount Bank and Dan & Bradstreet. Ms. Levanon holds an MBA and a B.A. in Economics and Business Administration from Bar Ilan University.

HAGAY LEVY

Chief Financial Officer

Mr. Levy brings over 15 years of experience in both financial management and capital markets. Most recently, Mr. Levy was the chief financial officer of Tippcom Cellular Services, a provider of added value services to the cellular industry. In this role, Mr. Levy managed the company’s financial, operational and legal activities. From 1995 to 2000, Mr. Levy was a senior financial analyst at Singer & Even. Mr. Levy holds an M.Sc. in Finance and Accounting and a BA in Economics and Management Science.

ERAN ELAD

VP Sales, Structured Products

Mr. Elad has more than 10 years of experience in the field of financial modeling and information technologies. He has a broad depth of technological and financial knowledge, especially in the field of structured products. He is responsible for marketing and implementing Modelity’s structured products technology in various territories around the world. Before being appointed to his current position, Mr. Elad spent several years with Modelity working in the fields of sales, pre-sales, marketing and in leading IT positions. Mr. Elad holds a B.Sc. in Computer Science (Cum Laude) from Tel Aviv University.

ERAN KFIR

VP Operations

Mr. Kfir has more than 15 years experience working with global software companies. He directs the Operations activities in Modelity – leading the Production services and customer support, System/IT & Quality Assurance.

Prior to joining Modelity he worked in Formula technologies & Amdocs, specialized in the Software Performance Assurance and several IT management roles. Mr. Kfir has worked in Modelity for more than 8 years and holds a B.A In Economics & Software systems from Tel Aviv University.