MEET THE TEAM
Pioneering Structured Finance Since 1990
Patenting Computational Black Boxes Since 2000
THE ROAD FROM CMBS TO AABS
Pioneers in the Origination of Commercial Mortgage-Backed Securities
Nearly twenty years ago FinaTech was founded by Scott Smith and Jerry Verbeck to develop and patent the computation technologies necessary to accurately model, analyze, and rate structured Alternative Asset-Backed Securities (AABS).
Before FinaTech, Scott and Jerry pioneered commercial mortgage-backed securities (CMBS) on Wall Street, introducing derivatives as the means to make the securities financially viable. Their groundbreaking collaboration with DLJ in 1993, funded with a one billion dollar line of credit, produced the world’s first mixed-property CMBS, which gave them insight into the invaluable role that structured finance would someday play in AABS.
The Patent Team
FinaTech's patent team includes a number of renowned experts, among them Kevin Howard, a co-inventor of FinaTech's IP, the inventor of TALPs, and a luminary in parallelization and optimizing compute technology with dozens of patents to his name.
Chris Smith, co-inventor of FinaTech’s IP and a graduate from Stanford specializing in emerging technologies, helps tie the cash and data flows inherent in structured AABS to computer work flows and computational analysis. Matthew Macari, a partner in the law firm Skaar Ulbrich Macari, leads FinaTech's patent prosecution, overseeing the firm's claim strategy.
Board of Advisors
J.C. Boggs is a partner at the firm of King and Spalding. Mr. Boggs advises FinaTech on regulatory and business development matters.