Lewtan has linked its performance data for over 150,000 bonds with internal analysis on Principia Partners' portfolio management, risk surveillance and compliance platform.
Investors using the Principia Structured Finance Platform (SFP) and Lewtan’s ABSNet will be able to load and refresh data from the ABSNet deal portal and efficiently reference Lewtan deal performance data — alongside their own proprietary sources of deal or loan-level analysis.
Access to this combination of asset performance data within Principia’s infrastructure allows organizations to model their portfolio of structured finance and fixed-income assets, along with their associated derivatives and funding products.
Portfolio managers, risk and compliance staff can then more accurately analyze and report on the risk and performance of these positions. Deal performance statistics, calculated and maintained by Lewtan, are utilized within an advanced risk measurement and compliance framework and flow into downstream accounting processes delivered in Principia SFP.
“We are the first to fully automate independent ABS and MBS performance data into a complete out-of-the-box structured finance solution,” said Douglas Long, executive vice president in business strategy at Principia. “ABSNet’s wide coverage of deals across the globe and its impressive level of analysis made it an obvious choice for a data partner. By leveraging this analysis within Principia SFP, investors can see deal performance in the wider context of their portfolio or operations and have the confidence that they have the timely and accurate information required to diligently manage their investment portfolios.”
Lewtan’s current and historical deal performance statistics are fully incorporated into Principia SFP's standard portfolio composition reports, deal reports and compliance engine. This allows investors to track all of the over 100 performance variables monitored by Lewtan from within the system.
These measurements are augmented with the ability to track standard performance metrics and other asset information available through Principia SFP. Limits can then be set to maintain compliance, perform rigorous stress tests and deliver timely reports regarding asset performance at the portfolio, deal, tranche or collateral level.