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Kamakura upgrades key risk management system

Kamakura, a Honolulu-based risk management technology company, has released a new version of Kamakura Risk Manager (KRM), its integrated risk management application.

KRM is an integrated credit risk, market risk, and asset and liability management software system. The company has updated its technology to allow defaults to be simulated on a multi-period basis. The system includes a fully distributed Monte Carlo simulation and has a multi-period framework that corrects valuation and risk assessment of collateralised debt obligations or any other balance

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