CANNES, France, May 30 /PRNewswire/ --

- New Portal from Long-Time Provider of Surveillance Data, Analytics, Software, and Content for the Global Securitisation Industry Supports ESF Initiatives to Promote Transparency

Global ABS 2008 -- Lewtan Technologies, Inc., provider of ABSNet, the industry's leading source for asset-backed securities surveillance data, analytics, software, and content for the global securitisation industry, today announced the availability of the Global ABS Portal, which provides free access to the most recent remittance reports and original prospectuses for public European securitisations.

"Having a free centralized point of access to public deal information will enable investors and regulators to easily access crucial information about public European securitisations," said Ira Keller, CEO of Lewtan. "Prior to Lewtan's Global ABS Portal, the only option available to find this information in one location was through commercial vendors."

Lewtan has extensive experience delivering effective, reliable financial-data portals, including its flagship ABSNet portal, a deal performance database that tracks, among other data, more than 17,000 European asset-backed securities. The Global ABS Portal leverages ABSNet's sourcing infrastructure to offer original prospectuses and remittance reports. The data accessed through the portal will be updated as new reports are published.

Portal Helps Industry Cope with Evolving Market Conditions, Regulatory Changes

Lewtan chose to launch the Global ABS Portal at Global ABS 2008 in support of the tremendous time and effort that the European Securitisation Forum (ESF) has spent in promoting transparency in the European market. Also, the most important players in the global securitisation industry attend Global ABS, making it the ideal platform for introducing a new service to the industry.

"Lewtan recognizes the changing market environment and evolving business model," said Ira Keller. "For many years, we have fielded products and services that support transparency, and this free portal extends our commitment to serving the industry as a partner that can be counted on to provide access to the information and tools investors and issuers need to conduct business in an ever-changing regulatory environment.

"The subprime contagion that began in the US has caused the global structured finance community to reassess issues of surveillance and transparency," said Keller. "The European market is struggling with ever-increasing regulatory scrutiny. MiFID, MAD, and similar types of regulatory scrutiny will result in an increased need for transparency and the creation of 'best practices' throughout the industry. In the US market, the SEC's EDGAR database and the increased disclosures provided under Reg AB provide data availability for public deals. We believe that the Global ABS Portal provides similar data availability to participants in the European market."

About Lewtan

Through offices in North America and Europe, Lewtan Technologies, Inc., offers a wide range of content- and technology-based solutions to members of the global asset-securitisation industry, including issuers, investors, underwriters, servicers, credit enhancers, and rating agencies representing more than 400 institutions worldwide. The company has twice been named Global Technology Provider of the Year by International Securitisation Report, and it received the Innovation Award and commendations for client service and best-in-class surveillance tool in Money Market's 2007 Securitisation Review & Survey Technology Awards. More information is available at

Web site:

Lillian Flores of Lewtan Technologies, Inc., +1-781-672-1175,