Fitch Veteran Will Advise on T-REX Rating Agency Solutions and Market Strategy
New York, NY, June 4, 2018 – T-REX, a leading software solutions provider for the complex financing of esoteric asset-backed securities (“ABS”) and energy project finance, announced today that it has appointed former Fitch Group CRO John Olert as a strategic advisor. As T-REX continues to build momentum and increased recognition among rating agencies, Olert will bring critical insight into both rating agency and regulatory expectations to guide product enhancements and support business development efforts.
“Esoteric asset classes represent a growing market opportunity across the investable universe. With T-REX’s platform and data services, capital markets constituents, including rating agencies, can expand coverage to these complex assets confidently, handling greater volume with unprecedented precision and speed,” said T-REX Founder and CEO Benjamin Cohen. He continued, “We welcome John who brings a deep understanding of credit analytics and evolving market standards that will ensure T-REX’s product strategy continues to drive additional growth in this space.”
Olert is a trusted senior executive with a 30-year career spanning across global risk, compliance, credit, analytics, research, and development. Most recently, Olert served as EVP and Chief Risk Officer of Fitch Group, Inc. following prominent leadership roles within Fitch Ratings as the division addressed challenges arising from the 2008 crisis and ensuing shifts in the regulatory landscape.
On joining, Olert said, “T-REX has quickly made a name for itself by marrying asset-class expertise with the transformative power of financial technology. The need for data transparency and greater efficiencies in credit analytics continues to intensify. Technology like T-REX opens doors to improving legacy tools and techniques while strengthening processes on many levels. I am excited to lend my industry experience as T-REX continues to grow its client base across the investment lifecycle.”
T-REX is the leading provider of enterprise software and managed data services for esoteric asset classes. With T-REX, market practitioners access a complete suite of tools and data to analyze, assess, and accurately price the risk associated with issuing and investing in renewable energy and other complex asset classes. By eliminating manual processes and automating workflow, T-REX enhances efficiency, transparency, collaboration, and security across the entire investment lifecycle, from asset owners and issuers to investment banks, ratings agencies, accounting firms, through to the end investor. Visit www.trexgroup.com to learn about T-REX’s products for ABS Markets and for Energy Project Finance.
Nandita Ray, firstname.lastname@example.org