Wilshire Analytics Appoints Jeff Foley Head of Global Sales and Marketing

SANTA MONICA, Calif., Dec. 3, 2010 /PRNewswire/ -- Wilshire Analytics, a business unit of Wilshire Associates (Wilshire®), today announced the appointment of Jeff Foley as Head of Global Sales and Marketing.

In this newly created position, Foley will be responsible for growing the Analytics business on a global basis. He brings 14 years of fixed income analytics experience and a demonstrated record of business development. Prior to joining Wilshire, he was Head of Sales and Consulting at Interactive Data – Fixed Income Analytics.

Wilshire's Analytics Division encompasses the firm's investment technology product offerings, which were the basis of Wilshire's founding in 1972. The touchstone of Wilshire's investment technology is a strong commitment to research and innovation in the theory and practice of investment management.

"Analytics has always been at the core of what we do at Wilshire, and we intend to strengthen our global market position in this field," said Lawrence E. Davanzo, president of Wilshire Associates. "Jeff Foley understands this business, and his appointment to this newly created position as Head of Sales and Marketing for Wilshire Analytics demonstrates our renewed commitment to our current and future clients."

At Interactive Data, Foley was responsible for a client base of 500 institutional accounts and achieved strong revenue growth during his tenure.

"Wilshire Analytics is a leader in the field, and I'm excited about the opportunity to grow the business both in the U.S. and internationally," said Foley. "All of our products have a global focus and position Wilshire to serve our institutional clients with the most up-to-date technology and analytics tools."

Foley is a graduate of the University of California, Santa Barbara, with a degree in business economic and organizational communication.

About Wilshire Associates

Wilshire Associates, a leading global independent investment consulting and services firm, provides consulting services, analytics solutions and customized investment products to plan sponsors, investment managers and financial intermediaries. Its business units include Wilshire Analytics, Wilshire Consulting, Wilshire Funds Management 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 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 Wilshire 5000 Total Market Index(SM), one of 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 approximately 350 employees serving the investment needs of institutional and high net worth clients around the world.

Based in Santa Monica, California, Wilshire provides services to clients in more than 20 countries representing approximately 600 organizations. 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. Please visit http://www.wilshire.com/ for more information.

SOURCE Wilshire Associates