Email Contact Phone Company Visit Website

Honolulu, United States of America Office Head Office

2222 Kalakaua Avenue, Suite 1400

New York, NY Office

New York

Tokyo, Japan Office Head Office

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




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

Kamakura Announces New Edition of “Credit Risk Models and the Basel Accords”

Kamakura Corporation reported today that a new edition of “Credit Risk Models and the Basel Accords,” by Kamakura’s Donald R. van Deventer and Kenji Imai, has been released by publisher Toyo Keizai in Japan. The new edition is a substantially updated version of the original, first published by John Wiley & Sons in 2003. The translation and editing team was led by Professor Ryozo Miura of the Hitotsubashi Graduate School of International Corporate Strategy. The same book is now available in traditional Chinese in an edition produced by the Taiwan Academy of Banking and Finance. The Korean edition, translated by Hun-jin Jang of Unisys Korea, was published in 2006. The modern Chinese version was published in 2005.

“All of us at Kamakura Corporation, especially authors Donald R. van Deventer and Kenji Imai, would like to thank Professor Miura and his team for their very substantial contribution to credit modeling and model testing,” said Warren Sherman, Kamakura President and Chief Operating Officer. “Professor Miura and his colleagues have added substantially to the book’s exposition of how macroeconomic factors drive default risk. Their revisions to the original English text make it even more clear how to build these links in default models and how to test that the models are performing well, both under the new Basel II rules and under best practice.”

Professor Miura’s translation team members included
Mr. Saturo Ono of Daiwa Securities SMBC (Chapters 1 and 2)
Mr. Yasuhiko Tara of Sumitomo Trust (Chapters 3 and 4)
Mr. Katsuhiro Sato of a leading international consulting firm (Chapters 5 and 6)
Mr. Hiroki Tomiyasu of Morgan Stanley (Chapters 7 and 8)
Mr. Yoshito Tetsuda of Daiwa Securities SMBC (Chapters 9 and 10)
Mr. Jun Hironaka of Nomura Securities (Chapters 11, 12, and 13)