Kamakura upgrades key risk management system

Honolulu-based Kamakura, a risk management technology company, has released KRM Version 4.0, the latest version of its integrated risk management solution that includes important new credit facilities.

The company has updated its technology to include a credit scoring service that enables managers to estimate default probabilities with any user-defined set of variables, such as interest rates, credit derivatives prices, debt and equity prices, and accounting data.

KRM Version 4.0 also includes a credit derivatives pricing model, and has a default simulation capability that Kamakura claims allows balance sheet managers to see the impact of credit risk over multiple periods.

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