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Odessa Technologies Publishes Dodd-Frank Act White Paper

May 16, 2012, 06:30 AM
Filed Under: Regulatory News

Odessa Technologies, Inc., the developer of the LeaseWave suite of products, a fully integrated end-to-end lease and loan management solution, has published the first in a series of White Papers about the Dodd-Frank Act.

The Dodd-Frank Act, named after its legislative sponsors in the two Houses of Congress, Senator Christopher Dodd and Representative Barney Frank, intends to improve accountability and transparency in the financial system by making some immediate changes in the law, while in other areas mandating that relevant Federal agencies formulate further changes under their pre-existing statutory powers. “Asset Finance & The Dodd-Frank Act Part 1: Securitization” details how certain aspects of Dodd-Frank may affect leasing and asset finance, specifically securitization transactions.

“Many leasing and equipment finance companies have historically relied on securitization as an important part of their overall funding strategy”, said Jim Humphrey, Vice President of Sales and Marketing at Odessa. “By sponsoring this White Paper we hope to increase awareness within the leasing industry of the new risk-retention regulations as well as the additional disclosures, representations and warranties that will be required in order to securitize in the future.”

To download a copy of the White Paper click here.

Odessa Technologies is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, Pennsylvania and employs a staff of 250 people. Odessa is the developer of the LeaseWave suite of products, a fully integrated browser-based lease and loan management solution, providing an end-to-end origination and portfolio management system for equipment leasing and finance, vehicle leasing and fleet management companies. The LeaseWave suite is specifically engineered to be configurable to accommodate even the most complex business model, as evidenced by Odessa’s diverse customer base. Learn more about Odessa Technologies, Inc. and its services by visiting

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