SANTA MONICA, Calif., June 17, 2013 (GLOBE NEWSWIRE) -- Wilshire Analytics, the investment technology unit of Wilshire Associates Incorporated ("Wilshire®"), a diversified global financial services firm, today announced that following a comprehensive peer review of the portfolio modeling and risk analytics market landscape, its investment analytics solutions have been named "Best in Class" in the CEB TowerGroup 2013 Portfolio Modeling & Risk Analytics: Technology Analysis report, in the categories of portfolio management and risk management.
The review, which included an in-depth questionnaire, interviews and a live product demonstration, resulted in a handful of firms being named as offering "Best in Class" products and services across various elements of the study. Specifically, Wilshire Analytics was cited for its capabilities, across a broad coverage spectrum, for portfolio-level analytics and the robustness and flexibility of various approaches in terms of its risk models.
"We are extremely pleased to have been honored with this "Best in Class" designation by CEB TowerGroup as it reflects our ongoing commitment to ensure that Wilshire Analytics provides our clients with the highest level of investment technology products and services," noted Mark Hansen, president of Wilshire Analytics. "As an industry pioneer and mainstay, we are proud of our track record in helping the industry evolve to ensure that client needs were anticipated and met."
"Our research indicates that buy-side firms are increasingly demanding a broad-based investment management analytics platform that combines the best of portfolio and risk analytics into a single service offering. Vendors that have this strategy will be well-positioned going forward in the analytics market," said Dushyant Shahrawat, senior research director, Capital Markets, CEB TowerGroup.
The CEB TowerGroup study combined qualitative and quantitative data from interviews with industry experts, financial institutions and providers, identified key factors contributing to technology investment decisions, and compared relevant vendor products.
About Wilshire Associates
Founded in 1972, Wilshire Associates has earned a leadership position in the investment industry by consistently delivering innovative investment research and services to the institutional market by transforming complex theory into practical applications. Wilshire is currently organized around four business units: Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management and Wilshire Private Markets. Wilshire was an early innovator in the application of investment analytics and research to investment managers in the institutional marketplace. Wilshire is credited with helping to develop the field of quantitative investment analysis that uses mathematical tools to analyze market risks. All other business units evolved from Wilshire's analytics foundation. Wilshire developed the Wilshire 5000 Total Market IndexSM and became an early innovator in creating the industry's integrated asset/liability analysis/simulation models as well as the industry's practical models in risk budgeting through beta and active risk analysis. Wilshire has grown to a firm of more than 300 employees serving the investment needs of institutional clients around the world.
Based in Santa Monica, California, Wilshire provides services to clients in more than 20 countries representing more than 500 organizations with assets totaling approximately US $7 trillion.* With ten offices on four continents, Wilshire Associates and its affiliates are dedicated to providing clients with the highest quality counsel, products and services.
Wilshire® is a registered service mark of Wilshire Associates Incorporated. Wilshire 5000 Total Market IndexSM is a service mark of Wilshire Associates Incorporated. Please visit http://www.wilshire.com/.
*Assets are as of December 31, 2011, based on published data in the December 24, 2012 issue of Pensions and Investments.
CONTACT: Kim Shepherd +1-773-252-9986 firstname.lastname@example.orgSource:Wilshire Associates Incorporated