History

modeFinance is a successful example of integration between financial knowledge and modern engineering numerical methods.

Valentino Pediroda (PhD in Numerical Methods) and Mattia Ciprian (PhD in Corporate Finance) are the founders, owners and heart of modeFinance. 

2003: The founders of modeFinance began working in financial environment in 2003 inside an Italian research project MIUR “Complex Systems in Economics”. Thanks to the acquired knowledge, the charter members of modeFinance executed consulting activities for Italian rating agencies, mainly developing numerical models for the enterprise failure prediction. 

2006: After having had enough experience in the development of numerical methods for financial risk, Valentino e Mattia decided of founding an enterprise based on new competencies, a company able of solving financial problems with an engineering approach: modeFinance. 

2007: In March 2007, Valentino & Mattia meet in Milan the CEO of Bureau van Dijk (www.bvdinfo.com), one of Europe's leading electronic publishers of business information. The two companies signed an agreement and started introducing MORE ratings into AMADEUS database (which contains  the  digital financial  data  of  more  than  12 million  companies  in  41 Pan-European countries.). modeFinance evaluations were distributed all over the world. 

2009: modeFinance ratings are started to be offered in international markets all around the world via BvDEP:  After being distributed inside Amadeus database, MORE ratings now are available in ORIANA (companies Middle East and Asia-Pacific regions), ORBIS (companies from all around the world).  

2009: modeFinance’s Headquarters are located at the AREA Science Park in Trieste, Italy, a prestigious, multi-sectorial Science and Technology Park where research, development and innovation bear excellent results.