Technology innovation of the year – Modelity

Technology innovation of the year

Eran Elad

Last year, what was formerly known as the UK Financial Services Authority (FSA) came out with FG12/09, its most detailed statement yet on what best practices for issuers of retail structured products should be. Among the gaggle of industry players poring over the bulletin in the weeks that followed were bankers, lawyers, journalists... and a technology company. Modelity, which builds platforms for structured products issuers, put in the time to study the guidance, and in response came up with a

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