Email Contact Phone Company Visit Website

Honolulu, United States of America Head Office

2222 Kalakaua Avenue, Suite 1400
Honolulu
HI
US

New York, NY Office


New York
NY
US

Tokyo, Japan Head Office

Level 11, Aoyama Palacio Tower 3-6-7 Kita-Aoyama Minato-ku Tokyo, 107-0061 Japan
Tokyo
JP

Victoria - Australia Office


East Malvern
Victoria
AU

London, U.K. Office


London
GB

Mexico City, Mexico Office

Calle Las Flores #109-4 Col. Los Reyes Coyoacan
Mexico City
MX

Chennai, India Office

155 Thiruvalluvar Salai Kumaran Nagar Sholinganallur Chennai, India 600 119
Chennai
IN

Seoul, South Korea Office


Seoul
KR

Singapore Office

30 Cecil St. #22-02/08 Prudential Tower
Singapore
SG

Shanghai, China Office


Shanghai
CN

Ontario, Canada Office


Ontario
CA

Munich, Germany Office


Munich
DE

Telephone

808-539-3830

Contact

Kathren Bade
[email protected]
Back to all Kamakura Corporation announcements

China Everbright Bank Licenses Kamakura Risk Management and Basel II System. Major Focus is Applying Leading Edge Technology to Corporate Credit Risk

HONOLULU, October 14, 2004: .Kamakura Corporation reported today that China Everbright Bank, one of the leading government-controlled banks in Beijing, has licensed the full Kamakura enterprise-wide software suite. China Everbright Bank has assets of more than $40 billion dollars and has earned a reputation as one of the most advanced practitioners of risk management in Asia. The Bank will use the Kamakura Risk Manager software system to manage the credit risk embedded in the Bank's growing commercial loan portfolio. Kamakura will also advise the Bank on credit risk modeling. Systems integration will be performed by Kamakura distributor Great Wall Software International and BearingPoint.

"Kamakura's leading edge credit risk technology is well known and well respected in China," said a senior official of Everbright's commercial credit risk team. "China Everbright Bank is dedicated to best practice by world-wide standards in risk management, so it was natural for us to turn to Kamakura for an integrated credit risk and Basel II solution."

"China Everbright Bank has already moved a long way toward a comprehensive set of credit risk management tools," said Dr. Donald R. van Deventer, Kamakura Chairman and Chief Executive Officer. "It is an honor for Kamakura to work with the Bank to implement the Kamakura Risk Manager system in Beijing. With the KRM platform, the Bank is very positioned to create shareholder value from instruments ranging from traditional commercial lending to complex structured credit transactions."