WILSHIRE AXIOMSM TO ADD TREPP DATA
Firm to be Wilshire's Exclusive Provider of Data for Commercial Mortgaged-Backed Securities and Commercial Real Estate Collateralized Debt Obligation
SANTA MONICA, October 30, 2007 -- Wilshire Analytics, a worldwide leader in
providing innovative portfolio analytics and a business unit of Wilshire Associates
Incorporated, a leading global investment services firm, today announced that Trepp will
be the exclusive provider of data and cash flow models for commercial mortgage-backed
securities (CMBS) as well as Commercial Real Estate (CRE) backed collateralized debt
obligations (CDO) for the Wilshire AxiomSM fixed income analytics solution. Trepp,
LLC, is the leading provider of CMBS and commercial mortgage information to the
securities and investment management community.
Beginning in November 2007, clients of Wilshire Axiom, which offers a single integrated
system for global fixed income analytics, performance attribution, risk management,
scenario analysis and portfolio optimization, will have access to pool-level analytics and
information related to virtually all issued CMBS and CRE backed CDO deals through
Trepp's Deal Library which contains detailed information on more than 1300 deals that
represent close to $800 billion in securities. With Trepp's capabilities integrated into the
Wilshire Axiom, clients will be able to utilize Trepp cash flows in conjunction with
Wilshire Axiom analytics to evaluate CMBS securities and CRE CDOs within their
overall fixed income portfolios, as well as have access to summary data about the
underlying CMBS pool.
"The integration of the Trepp cash flow engines, widely considered to be the industry
standard in CMBS and Commercial Real Estate backed CDO modeling and data, into
Wilshire Axiom's analytical platforms continues Wilshire's commitment to providing our
clients with the ability to represent their portfolios with the highest fidelity possible,"
noted Peter Matheos, PhD, managing director and head of Wilshire Fixed Income
Analytics, a division of Wilshire Analytics.
"In today's volatile markets, investors benefit from transparency of data and access to
robust analytical tools. Our collaboration with Wilshire combines a leading portfolio
management system with the industry standard provider of CMBS data and analytics.
The need for tools that evolve with a dynamically changing landscape has never been
greater, particularly with growth of commercial real estate backed CDOs and credit
default swaps," said Andrew Leibman, Senior Vice President at Trepp.
Trepp's CMBS Deal Library is widely recognized as the industry standard data set for the
sector. The Trepp models are currently used by all major broker dealers as well as the
majority of buy side firms for both pre-trade analysis and ongoing surveillance via
www.trepp.com and Trepp CMBS Analytics subscription services. Wilshire Analytics
develops and provides sophisticated risk management, portfolio analysis, asset allocation
and performance measurement solutions to fund managers, banks, insurers, consultants
and other institutional investment organizations around the world.
About Wilshire Associates
Wilshire Associates is a leading global investment services firm with four business units:
Wilshire Analytics, Wilshire Funds Management, Wilshire Consulting, and Wilshire
Private Markets. The firm was founded in 1972, revolutionizing the industry by
pioneering the application of investment analytics and research to investment
management for the institutional marketplace. Wilshire also 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 strong analytics
foundation.
Wilshire developed the index now known as the Dow Jones Wilshire 5000 Composite
IndexSM, the first asset/liability models for pension funds, the first U.S. equity style
metrics work and many other "firsts" as the firm grew to nearly 350 employees serving
the investment needs of institutional and high net worth clients around the world.
Based in Santa Monica, CA, Wilshire provides services to clients in more than 20
countries representing in excess of 600 organizations with assets totaling more than $12.5
trillion. With nine offices on four continents, Wilshire Associates and its affiliates are
dedicated to providing clients with the highest quality counsel, products and services.
Please visit www.wilshire.com for more information.
About Trepp, LLC
Trepp, LLC is the leading provider of commercial real estate finance information,
analytics and technology to the securities and investment management industry. Our
extensive deal coverage includes North American, European and Asian CMBS as well as
Commercial Real Estate backed CDOs. The industry's largest broker dealers, originators,
commercial banks and institutional investors rely on Trepp's suite of products for trading,
risk management, and surveillance.
Headquartered in New York City with offices in London and Shanghai, Trepp's
expanding global product reach continues to increase information transparency and
provide best-in-class solutions to over 400 clients worldwide.
Trepp is a wholly-owned subsidiary of the Daily Mail and General Trust PLC, a FTSE 100 company.
For more information on Trepp, please visit www.trepp.com.
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