HONOLULU, April 3, 2002-- Honolulu-based Kamakura Corporation announced today that Korea’s Daishin Securities Co., Ltd. has adopted Kamakura’s market risk software suite Kamakura Risk Manager-var for market risk analysis. Daishin Securities, founded in 1962, is one of the leading securities firms in Korea and a pioneer in on-line securities trading. Daishin Securities is the seventh Korean financial services company to employ Kamakura Risk Manager as its risk engine. Kamakura Corporation is the first vendor in the world to offer default probability estimation, credit-adjusted value at risk, net income simulation, and transfer pricing in a single fully-integrated software product. Unisys Korea, Limited, a subsidiary of Unisys (NYSE: UIS) is acting as systems integrator on the project.
"Daishin Securities has built a rapidly growing reputation as an innovator in the Korean Securities markets," said Dr. Donald R. van Deventer, President and Chief Executive Officer of Kamakura Corporation. "We are very proud to have Daishin Securities as a client, and we believe our mutual commitment to innovation will serve both firms very well."