S&P teams with Lewtan to provide credit market data to ABSNet customers

Source: Standard & Poor's

Standard & Poor's, a leading provider of financial market intelligence, announced it will make its premier credit ratings and credit market information available to subscribers of Lewtan Technologies Inc.'s ABSNet, underscoring the growing industry demand for credit ratings information.

Lewtan Technologies Inc., a provider of asset-backed securities surveillance data, analytics, and content for the global securitization industry, will offer Standard & Poor's credit ratings and research to its ABSNet customers. The offering will include S&P current ratings actions and presale reports on Asset-Backed Securities (ABS), Residential Mortgage-Backed Securities (RMBS), and Commercial Mortgage-Backed Securities (CMBS) to help support decision-making for financial professionals who issue, buy, sell or invest in asset-backed securities, as well as those who facilitate and support these transactions. Additionally, ABSNet users will be able to access S&P insight into deal-specific transactions, opinions on key risk and performance factors, commentaries on credit market developments, and outlooks and reviews of global rating trends.

"Investors who deal with asset-backed securities require as much information and transparency as possible to support their investment decisions," said Charles Warburton, Director of Product Management for S&P. "Making S&P's industry-leading credit market ratings and analysis available through ABSNet, a popular and respected provider, is another way S&P can provide market participants with the information and transparency they need."

"By offering such a broad and in-depth set of Standard & Poor's credit market information through ABSNet, we hope to provide our customers with greater options for their investment decision-making," said Usman Ismail, Lewtan Technologies's Executive VP for International Sales and Business Development.

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