Risk information provider Kamakura has launched a Basel II-compliant default probability service for sovereigns.
The service will provide default probabilities on 180 countries, with historical default probabilities available since 1980.
The Hawaii-based company started development work in 2006, overseen by managing director of research Robert Jarrow and senior research fellow Jens Hilscher. The development work also received input from a range of financial institutions in Asia, North America and Europe.
Kamakura launched a public company default probability service through its Kamakura risk information services (Kris) platform in November 2002. The new data will also be available on Kris.
Topics: Kamakura Corp
More on Foreign Exchange
Sponsored feature: Commerzbank
Limiting response time for market-makers may become outdated method
Pricing difficulties since SNB currency floor removal cause friction
Bank of Thailand announces measures
Sign up for Risk.net email alerts
Sponsored video: MarketAxess
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.