Modelity has remained at the top of its field by identifying and responding to key trends that occurred in the industry. This year the market experienced numerous new challenges including: additional financial regulations, the emergency of smaller structured product issuers, the necessity for mobile technologies and cloud-services, and the downsizing of structured products offerings by large institutions. Modelity incorporated these changes into its work plan and developed technological responses to address all of these pressing issues.

Modelity has helped bring structured product technologies and operations to the cloud, helping its clients cut costs and shorten time to market of new services and functionalities. In most cases, it is not only the financial institution’s own personnel who are using Modelity’s technologies, but it is also the financial institution’s end customers who access Modelity servers in the cloud. Modelity has also continued to incorporate new financial regulations into its independently run solution made for Providers. The solution ensures a robust process exists internally that is fully auditable and meets all regulatory responsibilities.

Clive Davidson at Risk Magazine writes: “[Modelity] is building up a strong track record in turning some of the challenges of the structured products market into business opportunities…Modelity has developed a product governance module for its Modelity/Structures system to help issuers comply with the new regulations and guidance.”

In 2013, Modelity platform went live in JVB Financial Group’s new Structured Products website, allowing for the storage, maintenance, and filtering of all product types and wrappers of structured products. More than 2,000 structured products of many different payoffs from 26 different issuers were launched on the platform.

“This fourth consecutive win demonstrates Modelity’s ability to adapt to the ever-changing needs of the industry. The market is very dynamic, and each year new urgent needs emerge. Modelity has been able to continuously step up to the challenge, and we are happy that our clients are reaping the benefits of our efforts,” says Ayal Leibowitz, CEO of Modelity Technologies.

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