Modelity again included in Deloitte’s Technology Fast 50 competition

Modelity has won a place in Deloitte’s annual competition of Technology Fast 50 2011. This is the 4th time that Modelity has won a ranking within this competition.

About Technology Fast 50 and Fast 500

The annual Technology Fast 50 competition, conducted by Deloitte Brightman Almagor since the year 2000, recognizes and honors the 50 fastest growing technology companies in Israel, based on percentage revenue growth over the last five years. The competition identifies the trends currently shaping the fields of technology, media and telecommunications in Israel. Eligible participants are private or public companies that own proprietary technology, operating within any area of technology.

Israel’s Technology Fast 50 program is part of the Deloitte Global Fast 500 program, which is conducted in three regions: EMEA, North America and Asia-Pacific. Technology Fast 50 winners receive exposure and recognition from both media and business communities. In addition, all Israeli winners are invited to the Deloitte Technology Fast 500 EMEA competition, where they can network with other top-tier executives from the fastest-growing technology companies in the region.

Ayal Leibowitz, Modelity’s CEO, said: “The 2011 Fast 50 results clearly show Modelity is maintaining its position over the past decade as a leading global financial technology innovator and provider. Our global expansion continues and we look forward to doing more business in North America and in Asia/Pacific.”

About Modelity

Established in 2000, Modelity Technologies Inc. is a privately held company, focused on providing banks, insurance companies and other financial institutions with a flexible platform for financial modeling and portfolio analytics.

Modelity is dedicated to providing financial institutions with a proven, state-of-the-art financial modeling platform and products, to remain competitive and improve service levels.

Modelity Technologies product offering consists of fully configurable, best of breed Financial Model Libraries and a platform for creating and delivering financial analytic content. Modelity’s offering consists of the following products:

Modelity/Structures: Superior sales, advice and client support tools for your structured products business.

Modelity/Advisor: An enhanced management platform for multiple financial advisory processes in a multi-banking environment, providing advisors with client profiling, financial advice and planning, and control and management tools.

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