The Wilshire Atlas
Wilshire Associates Inc.
The workstation combines a variety of portfolio analysis tools with an extensive historical database of over 45,000 global equity securities. It contains a variety of applications to analyze a portfolio's risk profile and structure relative to a benchmark, and optimization models to control that risk. Two attribution models allow for performance vs. benchmark to be decomposed in a variety of methods, incorporating daily transactions. The system offers a number of research tools to backtest investment strategies, create normal portfolios and identify significant factors influencing returns.
The cost is between $35,000 to $70,000 annually. There are 75 users.
It runs on Windows NT, Windows 95, Windows 98, OS/2 and UNIX, with updates via Internet and modem.
The system is targeted at portfolio managers, client service, marketing professionals and equity research group.
The client contact is Dan Anderson.
The Wilshire Axiom
Wilshire Associates Inc.
This system offers analytics and risk management tools for global fixed income portfolios, including a global fixed income database and analytical capability. Its strengths are breadth of database, system flexibility, portfolio risk analysis, attribution models and handling of derivatives. Combined U.S. and international databases number over 1,000,000 securities and are updated daily. The system offers customized benchmark comparisons, along with risk assessment within the framework of Wilshire's multi-factor U.S. and global markets. Optimization tools are available to manage a portfolio vs. indexes or liabilities, and power performance attribution models allow for returns to be decomposed in a variety of ways, incorporating daily transactions.
The cost is $30,000 to $80,000 per year. There are 75 users.
It runs on Windows NT, Windows 95, Windows 98, OS/2 and UNIX, with updates via Internet and modem.
The system is targeted at portfolio managers, client service and marketing professionals.
The client contact is Dan Anderson.
The Wilshire Compass
Wilshire Associates Inc.
This executive information system for plan sponsors addresses all levels of fund analysis, including total fund managers, strategic asset allocation and rebalancing, manager structure and manager selection/evaluation. It guides plan sponsor through a disciplined investment process, providing the tools to evaluate alternatives and manage risk and combines consulting services with investment software.
The cost is $24,000 to $36,000. There are 75 users.
It runs on Windows NT, Windows 95 and Windows 98, with updates via Internet and CD.
The system is targeted at pension investment officers, public and corporate plan sponsors, endowments and insurance companies.
The client contact is Rob Knowles.
The Wilshire Cooperative
Universe Service
Wilshire Associates Inc.
This performance measurement and reporting package for institutional plan consulting firms is networkable and workstation-based. It combines performance measurement, security level asset analysis and performance attribution and performance reporting capabilities. The system comprises actual performance data of more than 5,000 institutional plan portfolios, representing the assets of more than 600 plans located throughout the U.S. Universes are available for total plan, asset class specialty managers and specific plan types.
There are 35 users.
It is platform-independent, with updates via Internet, modem and ISDN.
The system is targeted at consultants.
The client contact is Hillarie Green.
The Wilshire Equator
Wilshire Associates Inc.
This global equity index fund portfolio-management system helps investment managers develop, implement, manage and monitor portfolios designed to replicate the performance of any global index of common stocks. It offers several index rebalancing models, including full replication, sampling and a tax lot optimization model to control tax liabilities resulting from trading. The simulation model allows for replication strategies to be back-tested historically and helps in the development of trading rules when launching an index fund.
The cost is $30,000 to $65,000; there are 50 users.
It runs on Windows 98, Windows 95, Windows NT and OS/2, with updates via Internet and modem.
The system is targeted at equity index fund portfolio managers and equity traders.
The client contact is Dan Anderson.
The Wilshire Horizon
Wilshire Associates Inc.
This asset allocation and liability modeling system combines a sophisticated asset allocation model with a series of powerful liability models into a single integrated asset-liability simulation tool. The allocation portion of the model allows users to select assets from a database of more than 500 asset classes, mutual funds or user-defined asset classes to construct optimal mixes or analyze existing ones. Results can then be fed into one of several unique liability models allowing for an analysis of both sides of the balance sheet. The system has full-color graphics and presentation-quality reports.
The cost is $6,000 to $32,000 a year; there are 25 users.
It runs on Windows 98, Windows 95 and Windows NT, with updates via disk.
The system is targeted at consultants, trust officers, client servicing professionals, marketing professionals and pension investment officers.
The client contact is Dan Anderson.
Institutional Performance
Measurement Service
Wilshire Associates Inc.
This performance measurement and reporting product designed for high-volume processing incorporates all of Wilshire's performance measurement and portfolio analytic technology into a reporting service designed to meet the needs of banks and trust organizations. It calculates global returns with analytics and delivers customized reports, provides extensive diagnostics, solves accounting system interface and security classification problems and validates security prices and accounting information.
There are 15 users.
It runs on UNIX, with updates via Internet.
The system is targeted at trust organizations.
The client contact is Todd Brunskill.
The Wilshire Mentor Plus
Wilshire Associates Inc.
This investment advisory marketing and client servicing support system analyses and evaluates client and competitor products using analytical tools, development and maintenance of marketing programs, management of existing account relationships, research of industry consultants and enhanced communication between peers and clients. The system is interactive and Y2K-compliant, and it analyzes and displays information and compares and reports information to meet the specific needs of the investment professional.
The cost is $12,000 to $40,000 a year; there are 50 users.
It runs on Windows 98, Windows 95 and Windows NT, with updates via Internet, CD or disk.
The system is targeted at client servicing professionals, marketing professionals and brokerages.
The client contact is Kathy Stevens.
TUCS 2000
Wilshire Associates Inc.
This universe comparison system is a cooperative effort among custodial organizations and Wilshire personnel. Custodians submit asset positions and performance data to be pooled into universes of managed tax-exempt portfolios. The system is the most widely accepted benchmark for the performance of institutional assets. It provides comprehensive information on the effects of risk and style, creating powerful decision-making tools based on timely information.
It is platform-independent, with updates via Internet.
The system is targeted at trust organizations, trust banks, insurance companies and self-custodied public funds.
The client contact is Todd Brunskill.
StyleAdvisor
Zephyr Associates Inc.
This system does returns-based style and performance analysis, including custom benchmark creation, risky return, manager vs. universe, up/down market capture and asset allocation; users can analyze up to 6,500 mangers at a time using mutual funds and separate account composite data to assist in manager searches and create custom peer group universes; there are monthly updates on more than 2,000 indexes and 8,000 mutual funds, and quarterly reports on more than 5,000 separate account composites.
The cost is $15,000 a year; there are five users.
It runs on Windows 98, Windows 95 and Windows NT 4.0+, with updates via Internet and disk.
The system is targeted at plan sponsors, money mangers and consultants; clients include CalPERS.
The client contact is Roma Morris.
