Step #1 Combine first 4 ingredients in a small saucepan.
Step #2 Bring to a boil over medium-high heat; reduce heat, stirring every once in awhile, & let simmer, 1 to 2 mins or until liquid is absorbed & tomatoes are plump.
Step #3 Process tomato mixture, & next 5 ingredients in a food processor/blender or mixer until smooth, olives, stopping to scrape down sides.