Over the last decade many investment management firms have become intimately familiar with the Wilshire Odyssey questionnaire. However, after populating the questionnaire, firms often have questions regarding how their data is passed along to the appropriate end users. The following explanation will provide a 10,000 foot overview of how Wilshire Associates ("Wilshire®") channels data through two primary software products, Wilshire Compass and Wilshire Compass InSite (formerly Wilshire Mentor).

The Wilshire Odyssey database has always been the backbone for the Wilshire Compass and Wilshire Mentor applications. However, in an effort to minimize the confusion, Wilshire Associates is in the process of rebranding two products commonly used by the investment management community:

First, Wilshire Odyssey is currently being reconstructed and will be rebranded in 2011 as the Wilshire Compass Portal. In addition to the information collected by the current questionnaire, the Wilshire Compass Portal will include several enhancements to increase the scope of information collected at both firm and product levels. In addition, Wilshire Associates is developing numerous reports that will enable users to audit the information submitted.

The second product, Wilshire Compass InSite (formerly Wilshire Mentor), has already been rebranded. Wilshire Compass InSite provides investment managers with Web access to the same database and tools that are available to Wilshire Compass clients. These tools will allow investment managers to create reports and presentations highlighting their investment processes.

In summary, Wilshire Associates' product line will include the Wilshire Compass Portal, Wilshire Compass, and Wilshire Compass InSite. The Wilshire Compass Portal will continue to serve as the primary database for both the Wilshire Compass and Compass InSite products, with the Wilshire Compass being made available to the plan sponsor community (public and corporate defined benefit plans, foundations, endowments, and other consulting firms) and Wilshire Compass InSite to the investment manager community.

In addition to the plan sponsor community utilizing Wilshire Compass, it should also be noted that the Wilshire Compass is used by Wilshire's consultants and Wilshire's Manager Research Group. Current total assets under advisement by Wilshire Compass users are in excess of $1 Trillion making it imperative that the data provided to the database not only be accurate but also be as complete and timely as possible.

An industry pioneer founded in 1998, A.S.A.P. Advisor Services is a marketing support and data distribution firm dedicated to institutional money managers, hedge fund managers, and other financial advisors. On behalf of our clients, we populate and maintain both quantitative and qualitative data on leading consultant platforms, and in well-known traditional and alternative third-party databases. By employing a team of industry experts and leveraging cutting-edge automation technology, we are able to streamline the costly, time-consuming process of disseminating up-to-date, accurate, and consistent firm and product information. In short, we lift the burden of this administrative task from our clients and allow them to focus on more value-added functions within their organizations.

For a free consultation on how we can help you grow your business, please contact Melanie Horvath at 866.922.8733 or at info@evestment.com.