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
EC ‘forgets’ to mention sterling in letter defining forex contracts
Target redemption forwards with capped loss structure set for launch
CNT fixing will be a boon for Taiwan’s derivatives market
Change in regulations will allow corporates to sell forex options
Sign up for Risk.net email alerts
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
Isda directors warn on fragmentation, access and liquidity - but expect problems to pass
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.