Lewtan Technologies announced today that it is expanding its European operations and will move into new London offices on Nov. 29. The expanded London operation is geared towards the company's growing European customer base.
"We are committed to the European market," said Usman Ismail, executive vice president of Lewtan Technologies and its associated ABSNet operations, who heads up the European office. "Since the beginning of the year, we have doubled our staff in London and added additional support activities. We've become--and intend to remain--the largest localized European presence offering content- and technology-based solutions to the structured-finance industry."
Through its new European office, Lewtan will run customer support, technical support, deal-modeling, product marketing, and sales functions supporting all of Europe.Aside from providing collateral and bond performance data on ABS and MBS, ABSNet offers interactive cash flow analytics for European transactions. Via ABSNet CashFlows and the product's integrated deal models, securitization market players could perform multi-scenario analysis, make relative value assessments between securities, and validate third-party prices and analyses.