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 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.