HONOLULU, October 1, 2001-- Honolulu-based Kamakura Corporation announced today that the Cornell Theory Center has subscribed to the Kamakura Risk Information Services KRIS-yc U.S. Treasury yield curve data base. The Cornell Theory Center is a high-performance computing and research center at Cornell university with a special focus on Windows solutions for computational finance through its satellite facility, CTC-Manhattan, in New York City. Kamakura has earlier received commitments from the MIT Sloan School of Management, faculty in the Harvard University Department of Economics and the NYU Stern School of Business. The KRIS-yc data base can be used for credit risk management, performance measurement, and simulation benchmarking as well as academic research.
The risk information in the Kamakura Risk Information Services (KRIS-yc) data base includes daily U.S. Treasury forward rates, zero coupon bond prices, zero coupon bond yields, straight bond yield curves, and amortizing bond yield curves for monthly, quarterly and semiannual payment dates and maturities out to 31 years. Historical data is provided on a daily basis beginning with January 1, 1982. The data is fully compatible with the Kamakura Risk Manager software system. The U.S. Treasury forward rate data in KRIS is the only such data base commercially available world-wide. The KRIS-yc data base contains more than 40 million data elements.
About Kamakura Corporation
Kamakura Corporation is one of the leading firms world-wide in risk management information, processing and software. Kamakura’s clients include all five of the five largest banks in the world. Kamakura has more than 30 risk management software and information clients, ranging in size from $3 billion in assets to $1 trillion in assets. Kamakura risk management software is currently used in the United States, Germany, Canada, Mexico, Japan, Australia, Korea, and Hong Kong. Kamakura management has published six books and more than 100 publications on credit risk, market risk, and asset and liability management. Kamakura also has a world-wide marketing alliance with the IPS-Sendero affiliate of Fiserv, with Unisys and with a number of other systems integrators who make Kamakura products available in almost every major city around the globe.