About us

Founded in 2001, Modex Group specializes in the design of customized financial software in the areas of risk management, computerized financial modeling and integrated decision support systems. All of our accomplishments have one thing in common: they all use high-tech simulators that are customized to each client’s business domain. We give financial analysts, managers and decision-makers a clear picture of the risk/return ratio based on their perceptions.

Our team has expertise in computer science, finance, accounting, mathematics and auditing. This multidisciplinary work force promotes the integration of innovative ideas in the development of computerized financial systems. In particular, our expertise is recognized in the financial institutions, energy and infrastructure sectors.

Our achievements: several large institutions such as Hydro-Québec, Investissement Québec, Desjardins Securities, Caisse de dépôt et placement du Québec, AquaData (a subsidiary of Gaz Métropolitain), and various engineering firms (such as Cima+ and Tecsult) are among our clients. In addition, we are currently working together with the Auditor General of Quebec to assess risks associated with large-scale projects. Furthermore, our company is the only supplier member of the Association des Ingénieurs-Conseils du Québec (AICQ) in risk management.

Our work focuses on the production of complex simulators that use the most technologically advanced techniques (hardware and software). The effectiveness of our simulation approach enables our clients to be competitive, optimize their decision-making and understand how their perceptions impact on results.

Our philosophy of financial modeling consists in finding ranges of results for any given problem and helping decision-makers make informed decisions based on risk tolerance and probability of achieving objectives. We also favour prototype development in order to carry out the development steps more quickly, from the functional proof of concept to the mature application, based on the client’s needs, budgets and priorities.

Our methodology consists of dynamically modeling a business domain in order to project the possible results into the future based on the distribution of uncertain variables using the Monte Carlo simulation technique.

Our strengths: innovation, passion, adaptability, speed of execution, ability to integrate our clients’ expertise into what we accomplish for them, dynamic financial modeling, ability to integrate all the information from our clients’ different systems into our products.

Our fundamental values are ability to work within budgets and schedules, quality of work, as well as transparency and honesty in our relationships with our clients, our partners and our team.