Lewtan Technologies, a company that provides data and workflow services to the ABS industry, unveiled its latest analytics tool for the global securitization industry last Friday. The structuring assistant is software for those who wish to run analytical models of just about any type of ABS deals.
"With structuring assistant, we make the deal extremely transparent. They can play with the model, put in assumptions and get the numbers," said Usman Ismail, executive vice president of Lewtan. "It is a very simple paradigm, where one will say Ah ha, now I understand!' And since the structuring assistant can model a non-performing loan deal, it can model pretty much any deal one may think of."