The firm provides technology-driven solutions to the alternative investments industry with a focus on real estate.

The ranking report from the rating agency highlights Oxane’s technology platform, Oxane CREST, as the core strength providing robust functionality, process efficiencies and scalability. It enables lenders to track their facilities in real-time and access bespoke reports for meeting their reporting requirements.

The firm was founded by former real estate and structured finance professionals from Deutsche Bank six years ago and has grown to a team of more than 100, which includes financial analysts, software developers and loan servicing professionals. It has offices in London, New York and India.

Over the years, Oxane has developed a suite of technology platforms covering real estate, loan portfolios and complex structured finance transactions. It hosts around €35 billion across 15 geographies globally helping clients to manage their investments.

Oxane’s entry into loan servicing is a natural evolution of its business to manage the data for real estate lenders at source. The firm aims to digitally transform the real estate lending space by enabling lenders to be in complete control over their data.

Last year, Oxane secured its first direct mandate as a facility agent on a senior loan-on-loan facility for a leading investment bank. It is providing the full range of servicing functions including payment processing and cash management. On a cumulative basis, Oxane currently manages over €2 billion of outstanding balance across 23 facilities.

Comment

Vishal Soni, co-founder of Oxane, commented: “Our foray into loan servicing is an exciting step in the evolution of Oxane. We are a technology-driven business that combines a platform successfully proven with multiple lenders and a deep track record in managing complex transactions.

“The loan servicing industry is still bereft of the digital transformation that’s underway in the real estate industry, much to the dismay of investors who are left in the lurch without timely and accurate data. With an offering built around a robust technology platform, we aim to increase transparency and efficiency for our clients.”

Yousuf Attarwala, who heads the loan servicing function at Oxane, said: “Our objective is to elevate loan servicing from a perfunctory role it currently assumes in portfolio management to a more evolved, proactive approach that’s focussed on anticipating and addressing problems faced by lenders.”, commented

At Oxane, we are reimagining the role of a facility agent and loan servicing as a digitally-enabled value creator for clients.”

Attarwala previously worked with Morgan Stanley, Credit Suisse, UBS, Deutsche Bank, and Situs.