Securitisation and funding expert Ian Sutton has joined Phoebus Software as a consultant specialising in the funding and financial aspects of lending.
Sutton has been in the mortgage market for more than 30 years. He has been on the finance team at Edeus, and has vast experience of the securitisation and finance modules of the Phoebus solution, having used Phoebus at White Label Loans and Apollo Global Management.
As well as expertise in securitisation, Sutton has worked on leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations and industry consolidations.
Sutton’s role will be defining requirements with both new and existing clients and ensuring these are delivered through the Phoebus securitisation and finance modules, and in turn, keeping these modules at the forefront of market requirements.
Sutton says: “PSL is expanding rapidly, but sustainably, and has a very bright future. With the Phoebus securitisation module being more regularly implemented by clients due to market demands, there is scope to provide added value and keep the module at the forefront of market requirements.”
Phoebus Software head of product Keith Rogers says: “Ian has a long and distinguished career in financial services and will be a real asset both to PSL and our new and existing clients. His knowledge of funding and his practical experience of the Phoebus securitisation and finance modules will be invaluable as the requirements of these areas continue to evolve.”