Wilshire Funds Management has selected InfraHedge to offer an operational and risk solution for its managed account platform.
As a part of the agreement, InfraHedge will provide the next generation of operational and risk infrastructure that includes daily position-level risk reporting.
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Wilshire said that the partnership with InfraHedge will also enhance its offerings in addition to improving transparency for its clients.
Jason Schwarz, president of Wilshire Funds Management, said: "Our managed account platform is an important differentiator as we continue to expand our presence as a premier provider of hedge fund advisory solutions."
Helen Webb-Thompson, managing director of Wilshire Associates, said: "We have been very impressed with the speed and discipline of InfraHedge’s implementation and the rigorous operating model that has been put in place for us."
Robert Picard, president of InfraHedge USA, said: "We believe that the level of transparency and control in this next generation of platform will provide a degree of flexibility and scalability that will lead to significant asset growth."
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