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Lewtan Wins Money Markets Innovation Award and
Commendations
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"2007 Securitization Review & Survey Technology Awards"
Recognize Securitization Automation Vendor's Innovative Achievements and
Direction
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Contact: |
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Frances Y. J. Wheeler Wheeler PR & Marketing 978-475-7970 fwheeler@wheelerprandmarketing.com or |
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Lillian Flores Lewtan Technologies, Inc. 781-672-1175 Lillian.Flores@Lewtan.com |
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WALTHAM, Massachusetts - October 23, 2007 --Lewtan
Technologies[R], Inc., provider of asset-backed securities surveillance data,
analytics, software, and content for the global securitization industry, today
announced that it has won the Innovation Award in the "2007 Securitization
Review & Survey Technology Awards" bestowed by Money Markets magazine.
The Innovation Award recognizes Lewtan's innovation within the securitization
space and identifies Lewtan as this year's technology provider-of-choice.
Lewtan also received commendations for Client Service and for Best-in-Class
Surveillance Tool. "Our mandate in granting the innovation award was to identify one outstanding provider that has made--and that continues to make--an outstanding contribution to the securitization industry," said Jonathan Calens, group editor-in-chief of Money Markets. "There are a number of technology vendors in the securitization space, but, after a comparative analysis of like-to-like products and offerings, we've determined that Lewtan is a company that continuously pushes boundaries in terms of adding value for its clients." Calens, who is responsible for the research and editorial operations at Money Markets, said, "Lewtan entered the ABS market in the mid-80s with the introduction of its ABS system for automating securitization administration, then augmented its issuer offerings with outsourced processing, web portals, investor relations, regulatory disclosure capabilities, and reconciliation services for managing and verifying data produced and/or calculated by third parties. In the investor market, Lewtan is well-known as the provider of ABSNet™, an online ABS surveillance portal exclusively devoted to global securitization information and data." Lewtan provides data to more than 300 institutions globally via ABSNet's on-line capabilities and access to its database of deal models. "We're honored that Money Markets has recognized Lewtan's approach to serving the securitization market," said Ned Myers, CMO of Lewtan, "particularly given as Money Markets itself increases its global scope and its expanded use of the web as a delivery mechanism for financial professionals." Commendations Lewtan received a commendation for Client Service based upon its outstanding effort and commitment to exceptional client service. Among the industry's tier-one providers, Lewtan's ABSNet solution for asset-backed securities surveillance and intelligence was named Best-in-Class Surveillance Tool. The entire lineup of "2007 Securitization Review & Survey Technology Awards" are presented in the current issue of Money Markets: Fall 2007. About Money Markets Money Markets is dedicated to providing institutional and private investors with the most up-to-date and informative financial research data available. Drawing upon the insight of the world's premier financial policy makers and thought leaders, Money Markets maintains optimum levels of transparency and integrity. Money Markets examines key legislative issues and growth trends that affect the equity, bond, and derivatives markets. Leading commentators provide detailed analysis on areas such as harmonization of regulation, sophistication of borrowers and lenders, growing volume of debt as well as the broadening of markets, competition, and innovation. Money Markets is published by Callender Media Group, which maintains offices in the US, UK, and Asia. About Lewtan Technologies Lewtan Technologies, Inc., offers a wide range of content- and technology-based solutions to members of the global asset-securitization industry, including issuers, investors, underwriters, servicers, credit enhancers, and rating agencies. More than 300 institutions worldwide rely on Lewtan's intelligence and surveillance solutions, and the company has twice been named Global Technology Provider of the Year by the International Securitisation Report. More information is available at www.lewtan.com www.ABSNet.net |
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