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Ford will license Lewtan's ABS System, ABS Web Solutions, and ABSNet
WALTHAM, Mass., May 22, 2014 /PRNewswire/ -- Lewtan today announced that Ford Motor Company, headquartered in Dearborn, Michigan, has licensed Lewtan's ABS System, ABS Web Solutions and ABSNet in support of their worldwide securitization program.
"We are honored to welcome Ford into our growing family of clients. We know that Ford Motor Company is committed to driving success around the globe and to delivering profitable growth," says Salil Donde, CEO of Lewtan. "As the leading provider in the auto ABS market, we at Lewtan are excited about the opportunity to work closely with Ford to support their securitization program."
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 181,000 employees and 65 plants worldwide, the company's automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit http://corporate.ford.com.
Through offices in North America and Europe, Lewtan offers a wide range of data, software, and analytics solutions to the global asset-securitization industry. Lewtan provides risk assessment and valuation while facilitating greater transparency, better decision-making, and greater access to capital in the global financial services markets. Lewtan's flagship products for the securitization platform, ABSNet and the ABS System, unite the data flow between the hundreds of issuers and investors that Lewtan serves. More than 300 institutions worldwide rely on Lewtan's intelligence and surveillance solutions, and the company has twice been named Global Technology Provider of the Year by the International Securitisation Report. More information is available at www.lewtan.com.
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