ABSNet Data Available on 1010data
Waltham, Mass.-based Lewtan Technologies, Inc. will expand the reach of its ABSNet and ABSNet Loan software, thanks to a an alliance with the New York-based 1010data. The partnership will make Lewtan’s asset-backed securities surveillance data and analytics available to investors and other securitization market players through 1010data’s Web-based data analytics and warehousing services. “The flexibility and data processing power that 1010data provides allows us to reach the most sophisticated analysts,” said Ned Myers, Lewtan’s chief marketing officer, in a release. “With the continued instability of both the housing and securitization markets, making loan-level data available through as many avenues as possible was very important to us.” 1010data has provided business intelligence service for nearly a decade, and the company said it strives to continually expand the quantity of its data. “We are pleased to offer ABSNet loan level data for our mutual customers,” said 1010data vice president Greg Munves. “Lewtan's recently launched loan product provides investors with another source of data for more robust quantitative analysis. Providing our customers the most complete U.S. RMBS data available during these challenging market times just made great sense.” Write to Austin Kilgore.