Wilshire launches risk analysis platform Omnia three months after mass executive promotions

Rick Steves

Global financial services firm Wilshire Associates Incorporated has launched a new flexible and scalable platform, Wilshire Omnia, that allows reporting for more than 3 million securities with the objective of minimize risk and maximize returns through its multi-asset class analytics. Centrally-hosted and delivered through a standard web browser, which enables access even through web-enabled mobile […]

Wilshire launches risk analysis platform Omnia

Global financial services firm Wilshire Associates Incorporated has launched a new flexible and scalable platform, Wilshire Omnia, that allows reporting for more than 3 million securities with the objective of minimize risk and maximize returns through its multi-asset class analytics.

Centrally-hosted and delivered through a standard web browser, which enables access even through web-enabled mobile devices, Omnia covers global equities and fixed income, commodities, derivatives, FX products, alternatives, and constituent-level drill-down for mutual funds and ETFs. Its global performance measurement capabilities are transaction-based, holdings-based and flow-based. Both risk and performance are measured in absolute terms and against a benchmark.

wilshire

“Managing investment risk successfully in today’s markets requires the ability to monitor multiple factors with a robust set of analytics that can be accessed quickly, securely and in user-friendly formats that enhance workflow needs,” said Cecilia Loo, president of Wilshire Analytics. “With more than four decades of experience in the institutional marketplace, our next generation solution combines time-tested analytical engines with powerful underlying technology to deliver indispensable functionality.”

“Wilshire Omnia further enhances Wilshire Analytics’ offering of innovative solutions that are uniquely positioned to understand and meet the needs of money managers, money owners and investment services providers in the areas of risk, attribution, performance and portfolio construction,” Loo added.

The firm, founded in 1972 and headed by Founder, CEO and Chairman of the Board of Directors of Wilshire Associates Dennis A. Tito, has been recently promoting its in-house executives to managing directors, totaling seven promotions in late January: Michael R. Kennedy at the Wilshire Analytics business unit, Jonathan Miles at the Wilshire Consulting’s hedge fund advisory group, Leah Emkin at the Wilshire Funds Management’s global client services group, Saeed Gorbani at the Wilshire Funds Management’s information technology group, Erin Simpson at the Wilshire Funds Management’s operations and risk management group, Alexander Brummeler and Mark Perry at the Wilshire Private Market’s business and investment committees.

Six months ago, Andrew Junkin, ranked by CIO Magazine as one of the most influential consultants in the world four years in a row, was selected President of Wishire Consulting. Junkin was responsible for advising corporate and public retirement plans ranging in size from $1 billion to more than $300 billion.

Read this next

Uncategorized

US and South Korea seek extradition of Luna founder Do Kwon

Both US and South Korean officials are seeking to extradite Terraform Labs CEO Do Kwon, just hours after he was arrested in Montenegro.

Retail FX

Pepperstone UK doubles profit, client assets in 2022

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Institutional FX

CLS FX volume rises to just shy of $2 trillion in February

Foreign exchange settlement provider, CLS Group saw strong volumes in February 2023 as the banking crisis continues to weigh on a world economy that’s yet to fully recover from the Russia-Ukraine war’s shocks.

Digital Assets

Binance restores trading after 2-hour outage

Binance suffered a breakdown on its trading engine that lasted for about two hours, but the premier cryptocurrency exchange finally managed to restore normal operations at around 14:00 UTC.

Digital Assets

Tether earns $700 million in Q1, taking excess reserves to $1.6 billion

Tether chief technology officer Paolo Ardoino said the world’s largest stablecoin issuer expects to earn more than $700 million in the January-Mach quarter, which will be added to the reserve backing its stablecoin (USDT).

Digital Assets

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.

Technology

SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products. 

<