-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 hJdU8k6jCm1nNdGH/txNdQ==

<SEC-DOCUMENT>0001209191-10-011749.txt : 20100224
<SEC-HEADER>0001209191-10-011749.hdr.sgml : 20100224
<ACCEPTANCE-DATETIME>20100224155554
ACCESSION NUMBER:		0001209191-10-011749
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100224
DATE AS OF CHANGE:		20100224
EFFECTIVENESS DATE:		20100224

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Altisource Portfolio Solutions S.A.
		CENTRAL INDEX KEY:			0001462418
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-139026
		FILM NUMBER:		10629818

	BUSINESS ADDRESS:	
		STREET 1:		2 RUE JEAN BERTHOLET
		CITY:			L-1233 LUXEMBOURG
		STATE:			N4
		ZIP:			50
		BUSINESS PHONE:		561-681-8000

	MAIL ADDRESS:	
		STREET 1:		2 RUE JEAN BERTHOLET
		CITY:			L-1233 LUXEMBOURG
		STATE:			N4
		ZIP:			50

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Altisource Portfolio Solutions S.a.r.l.
		DATE OF NAME CHANGE:	20090422
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001462418</cik>
        <entityName>Altisource Portfolio Solutions S.A.</entityName>
        <issuerAddress>
            <street1>2 rue Jean Bertholet</street1>
            <city>Luxembourg</city>
            <stateOrCountry>N4</stateOrCountry>
            <zipCode>L-1233</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>352-2469-7902</issuerPhoneNumber>
        <jurisdictionOfInc>LUXEMBOURG</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Altisource Portfolio Solutions S.a r.l.</previousName>
            <previousName>Ocwen Luxembourg S.a r.l.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <previousName>Altisource Portfolio Solutions S.a.r.l.</previousName>
        </edgarPreviousNameList>
        <entityType>Other</entityType>
        <entityTypeOtherDesc>societe anonyme</entityTypeOtherDesc>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName>Benjamin</middleName>
                <lastName>Shepro</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2 rue Jean Bertholet</street1>
                <city>Luxembourg</city>
                <stateOrCountry>N4</stateOrCountry>
                <zipCode>L-1233</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director and Chief Executive Officer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kevin</firstName>
                <middleName>James</middleName>
                <lastName>Wilcox</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2 rue Jean Bertholet</street1>
                <city>Luxembourg</city>
                <stateOrCountry>N4</stateOrCountry>
                <zipCode>L-1233</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Administration Officer and General Counsel</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>Daniel</middleName>
                <lastName>Stiles</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>2 rue Jean Bertholet</street1>
                <city>Luxembourg</city>
                <stateOrCountry>N4</stateOrCountry>
                <zipCode>L-1233</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Financial Officer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName>Charles</middleName>
                <lastName>Erbey</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1661Worthington Road</street1>
                <street2>Suite 100</street2>
                <city>West Palm Beach</city>
                <stateOrCountry>FL</stateOrCountry>
                <zipCode>33409</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Roland</firstName>
                <lastName>Muller-Ineichen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Gaalimatt 35</street1>
                <city>Rain</city>
                <stateOrCountry>V8</stateOrCountry>
                <zipCode>6026</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Timo</firstName>
                <lastName>Vatto</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Hinterer Mettliweg 1, CH - 8800</street1>
                <city>Thalwil</city>
                <stateOrCountry>V8</stateOrCountry>
                <zipCode>00000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>L.</middleName>
                <lastName>DeNormandie</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>11, rue Nicolas Wester</street1>
                <city>Alzingen</city>
                <stateOrCountry>N4</stateOrCountry>
                <zipCode>L-5836</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Business Services</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Over $100,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2010-02-12</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>Offer being made in connection with an acquisition</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>23900398</totalOfferingAmount>
            <totalAmountSold>23900398</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>Representing a portion of the consideration paid in connection with an acquisition</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>6</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Altisource Portfolio Solutions S.A.</issuerName>
                <signatureName>/s/ Robert D. Stiles</signatureName>
                <nameOfSigner>Robert D. Stiles</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2010-02-24</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----