Kamakura Corporation Recognized As A Category Leader in Credit
NEW YORK, August 3, 2018: Kamakura is pleased to announce that Chartis Research has recognized the company as a category leader in credit risk analysis in its recent report, “Technology Solutions for Credit Risk 2.0, 2018. ” The study analyzes the market for credit products and the evolving regulatory and risk management regimes surrounding the “new normal for credit.” Chartis refers to this environment as “Credit Risk 2.0.” The company believes the new environment is defined by three factors:
- New, forward-looking accounting standards such as IFRS 9 and CECL
- Regulatory focus on “market-linked contingent capital in the trading book,” such as Credit Valuation Adjustment (CVA), Standardized Approach for measuring Counterparty Credit Risk (SA-CCR), and Fundamental Review of the Trading Book CVA (FRTB CVA)
- New and innovative computational approaches to assessing credit and credit risk
The study analyzed 35 vendors of credit risk solutions and selected Kamakura as one of the top firms in this universe.
Kamakura Corporation offers a powerful proprietary suite of products designed to help managers better understand company-wide financial risk. Its metrics include credit risk, market risk, liquidity risk, interest risk, asset-liability management, valuations, performance measurement, integrated investment portfolio risk, and actuarial risk, as well as management, transfer pricing and risk-adjusted return. Through the use of Kamakura Risk Manager (KRM version 10) and Kamakura Risk Information Services (KRIS version 6), banks, insurers, and fund managers have a rich suite of tools incorporating the most advanced analytics for enterprise risk management.
Martin Zorn, President and COO of Kamakura Corporation, said Friday, “We are extremely proud of the results of the Chartis research. Our founder, Donald van Deventer, and our director of research, Professor Robert Jarrow, have been at the forefront of thought leadership in risk management for many years. It is very satisfying to see those efforts recognized by an in-depth and objective market analysis. We are now moving into a new phase of research, developing the next generation of reduced-form models to value bonds and other asset classes. Our company continues to evolve to advance the art and science of credit risk management.”
About Kamakura Corporation
Founded in 1990, Honolulu-based Kamakura Corporation is a leading provider of risk management information, processing, and software. Kamakura was named to the World Finance 100 by the editor and readers of World Finance magazine in 2017, 2016 and 2012. In 2010, Kamakura was the only vendor to win two Credit Magazine innovation awards. Kamakura Risk Manager, first sold commercially in 1993 and now in version 10.0.3, is the first enterprise risk management system for users focused on credit risk, asset and liability management, market risk, stress testing, liquidity risk, counterparty credit risk, and capital allocation from a single software solution. The KRIS public firm default service was launched in 2002. The KRIS sovereign default service, the world’s first, was launched in 2008, and the KRIS non-public firm default service was offered beginning in 2011. Kamakura added its U.S. Bank default probability service in 2014.
Kamakura has served more than 330 clients with assets ranging in size from $1.5 billion to $3.0 trillion. Its risk management products are currently used in 47 countries, including the United States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the United Kingdom, Russia, Ukraine, South Africa, Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Singapore, Sri Lanka, Taiwan, Thailand, Vietnam, and many other countries in Asia, Europe and the Middle East.
To follow risk commentary by Kamakura on a daily basis, please follow:
Kamakura CEO Dr. Donald van Deventer (www.twitter.com/dvandeventer)
Kamakura President Martin Zorn (www.twitter.com/riskmgrhi) and
Kamakura’s official twitter account (www.twitter.com/KamakuraCo).
About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance, and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. Further information is available at chartis-research.com.
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Chartis Research (chartis-research.com).
For more information, please contact:
2222 Kalakaua Avenue, Suite 1400, Honolulu, Hawaii 96815
Web site: www.kamakuraco.com