Contact: Laura Wilker
Deloitte Services LP
+1 212 436 4697
New York, January 31, 2005 — Deloitte Touche Tohmatsu (DTT) announced today its member firms have been recognized as the world's best for securitization accounting by International Securitisation Report (ISR), a securitization trade publication based in London. ISR recognized the winners at its annual awards ceremony held at the Dorchester Hotel in London on January 26. Deloitte was further recognized for having won the award for seven consecutive years since inception.
ISR, a Thomson Financial publication, gathered information with supporting data from securitization professionals around the world, including subscribers, issuers, investors and service providers. ISR conducted more detailed interviews where appropriate. The annual ISR Global Securitization Awards are recognized internationally as the most important qualitative assessment of excellence within the structured finance community. The awards also honor the best issuers, arrangers, law firms, rating agencies, monolines, trustees, research providers and deals.
"I am proud that the member firms of Deloitte have been recognized for their work in securitization accounting services by ISR," said Jack Ribeiro, managing partner of Deloitte's Global Financial Services Industry practice. "These awards exemplify our outstanding efforts and commitment to providing exceptional client service globally."
"We built a securitization network with representatives in over 40 countries," said Frank Dubas, Deloitte’s managing partner of International Securitization. "Our success is the result of our technical, regulatory and tax knowledge, combined with our deep understanding of the securitization process and the needs of our clients. These awards place us amongst first-class companies — many of whom are our clients — for their work in investment banking, research, law and transaction support. We look forward to continuing to provide companies with superior service as we strive for continued growth in this area."
"We are once again honored to be recognized internationally for outstanding securitization accounting services and are delighted that Deloite & Touche USA LLP has been acknowledged for its leadership in contributing to the success of our securitization practice," said Howard Kaplan, managing partner, U.S. Securitization. The ISR awards recognize the exceptional service that our securitization professionals — including those in the United States — deliver and reinforce the value of teamwork when serving clients globally."
About the ISR
The International Securitisation Report (ISR) is a world leading source of authoritative and independent news and analysis on the issuance of, and investment in, asset-backed and mortgage-backed securities, in every market and every class. Whether it is the latest on a new structure, ground-breaking deal, a new mandate or a recent study of market trends, ISR boasts extensive global contacts with the principle decision-makers in the securitization market which ensures readers are briefed on every aspect. ISR offers incisive coverage of significant news from Europe, Asia and the Americas, with commentary from the leading professionals involved. From the originator to the investors, ISR reports on the key elements of every important deal.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of 120,000 people worldwide, Deloitte delivers services in four professional areas — audit, tax, consulting, and financial advisory services — and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related names.