Increased market demand for services to improve the design, testing, marketing and post-sales support of structured products and growth of Modelity’s client base across the region secured the win.
Modelity Technologies, the leading provider of structured product technologies , was announced for the second year running as the Technology Innovation Provider of the Year for Europe by Structured Products Magazine. The award demonstrates Modelity’s expanding client base and range of innovative marketing, advisory and post-sales support technologies positioning the company as a major force within structured products technology.
A key feature in Modelity’s success has been its abilities to identify weaknesses in client understanding of structured products, and to empower financial institutions in producing more effective materials that truly maximise the transparency of their products.
Concurrently with improving its tools and services covering products in subscription, Modelity has added secondary market sales and support capabilities to its offering. These allow more detailed and easy analysis of live products, including animations of product life cycles based upon up-to-date market data, and future performance scenarios.
Through 2011, Modelity tools are now also available in HTML5, allowing it to be used on Apple iOS devices, such as iPad and iPhone. In addition, the tools now leverage multi-touch screen capabilities to better visualize and simplify mechanisms of financial products.
“We are delighted to win this back-to-back recognition.” said Eran Elad, VP Sales at Modelity. “We feel this proves that we really have identified and filled a large market gap. Over the coming year we will be listening to our client base and watching the market closely to see if we can come up with some more pleasant surprises.”
To view the official Structured Products Magazine award article, click here.
To view the official Structured Products Magazine award article in a .pdf format, click here.
To view the Globes article about the award, click here.