"Many market participants are using credit technology that is more than three decades old," said Marc Rakotomalala, Executive Vice President and Chief Risk Officer of Athilon. "In our business we believe that maximum risk adjusted shareholder value creation comes from optimal capital allocation, which is only possible through state of the art credit modeling with multiple models, complete transparency, and comprehensive model test results. Kamakura in our mind stands alone in each of these dimensions."
"Athilon is a leader in bringing modern credit technology to the credit enhanced financial products market," said Warren Sherman, Kamakura President and Chief Operating Officer. "We are honored to assist Athilon in what we see as a great opportunity for its shareholders. We believe progressive firms like Athilon will earn superior risk-adjusted returns from the insights provided by credit models with common macro-factors driving correlated defaults."