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August 31, 2010 Newswires
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Kamakura Corporation Announces New Offices in Beijing and Shanghai

 

New Offices Support Rapidly Growing Client Base in Greater China

NEW YORK, September 1, 2010 -  Kamakura Corporation announced Wednesday that it has opened new offices in Beijing and Shanghai to support its rapidly growing client base and distribution partners in China.  The new offices, headed by Kamakura veteran and Managing Director Ms. Li Li, will work closely with distribution partner Fiserv and clients in Beijing, Shanghai, Xiamen and Hong Kong. The offices will also support Fiserv and clients in Malaysia and Thailand. Kamakura Corporation has had a continuous presence in Asia since its founding in April 1990. Other Asia-Pacific offices include Seoul, Tokyo, Melbourne and, via Fiserv, Singapore and Taipei.

Ms. Li commented Wednesday, “Kamakara’s current clients include two of the four largest banks in China, and the new offices are dedicated to support them and our other clients in greater China.  Kamakura’s China staff provides real time support both for the Kamakura Risk Manager enterprise-wide risk management solution and Kamakura Risk Information Services public firm and sovereign default probability service.  The offices are seamlessly integrated with other Kamakura offices in London, New York, Los Angeles and Honolulu via a two way Vidyo service which can bring Kamakura’s expertise face to face with clients in China from anywhere around the world.  Our Chinese clients in particular are looking forward to regular dialogue with Kamakura’s Managing Director for Research Professor Robert A. Jarrow of Cornell University.”

Kamakura Risk Information Services currently offers daily updates of default probabilities for public firms in China and 29,000 public firms in 32 other countries.  Kamakura Risk Manager is a fully integrated credit risk, market risk, interest rate risk, and performance management system.  It is used around the world by banks, insurance companies, government entities and other clients for risk management and government mandated stress tests and capital adequacy measures like Basel II and III and Solvency II. The KRM-rp web-based reporting system offers both modern Chinese and traditional Chinese reporting of risk management measures via the internet.

Managing Director Li and her staff can be reached at the new offices as follows:

Kamakura Corporation, Beijing:
Level 19 Tower E2 Oriental Plaza
1 East Chang An Avenue
Dong Cheng District Beijing 100738 China
Telephone: 86 10 8520 0455
Facsimile: 86 10 8520 0220

Kamakura Corporation, Shanghai:
Level 29 Shanghai Kerry Centre
No.1515 Nanjing West Road, Shanghai, China 200040
Telephone: 86 21 6103 7052
Facsimile: 86 21 6103 7053

About Kamakura Corporation

Founded in 1990, Honolulu-based Kamakura Corporation is a leading provider of risk management information, processing and software. Kamakura, along with its distributor Fiserv, was ranked number one in asset and liability management analysis and liquidity risk analysis in the RISK Technology Rankings in 2009. Kamakura Risk Manager, first sold commercially in 1993 and now in version 7.1.2, was also named in the top five for market risk assessment, Basel II capital calculations, and for “risk dashboard.” Kamakura was also ranked in the RISK Technology Rankings 2008 as one of the world’s top 3 risk information providers for its KRIS default probability service.  The KRIS public firm default service was launched in 2002, and the KRIS sovereign default service, the world’s first, was launched in 2008. KRIS default probabilities are displayed for 2000 corporates and sovereigns via the Reuters 3000 Xtra service. Kamakura has served more than 200 clients ranging in size from $3 billion in assets to $1.6 trillion in assets. Kamakura’s risk management products are currently used in 33 countries, including the United States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the United Kingdom, Russia, the Ukraine, Eastern Europe, the Middle East, Africa, South America, Australia, Japan, China, Korea and many other countries in Asia.

Kamakura has world-wide distribution alliances with Fiserv, Sumisho Computer Systems, Unisys, and Zylog Systems making Kamakura products available in almost every major city around the globe.

For more information contact

Kamakura Corporation
2222 Kalakaua Avenue, 14th Floor, Honolulu, Hawaii 96815
Telephone: 1-808-791-9888
Facsimile: 1-808-791-9898
Information:
info@kamakuraco.com
Web site:
www.kamakuraco.com

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