Lucht Probst Associates (LPA) acquires 100% of the shares of Modelity, a leading Israeli tech company for the financial and capital market industry. Combining the product and customer portfolios of Modelity and LPA makes the combined company the CapTech market leader in Europe. International expansion continues with a location in [...]
Following its long time experience and continued proven success in providing solutions for the Structured products industry, once again, Modelity has been recognized by the Industry as the leading vendor and awarded “Best technology Provider” as well as “Best Kid Provider”. Those new awards are the testament of the commitment [...]
The summer of 2017 was not a typical calm and quiet holiday season for compliance teams in Europe. Scheduled to commence at the end of the year, PRIIPs KID morphed into a storm that relentlessly battered those who were preparing their institutions to comply with the new regulation. This summer [...]
Modelity has been selected by BrokerCreditService StructuredProducts PLC (BCS SP) to cooperate in ensuring BCS SP’s compliance with the EU’s Packaged Retail & Insurance-based Investment Products (PRIIP’s) regulation, which requires firms to produce Key Information Documents (KID’s). Since the inception of PRIIP’s regulation in the European Union, it affected not [...]
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