"Macro-economic factors have driven default probabilities and the credit risk of financial institutions' throughout Asia, the Americas, and Europe," said Warren Sherman, Kamakura President and Chief Operating Officer. "The Kamakura-Unisys relationship is built on recognition that only a fully integrated default probability and risk management system can address the risks posed by the next crisis. Unisys and Kamakura have teamed up time and time again to bring state of the art risk management software and systems to clients with a 100 percent success rate. We are very pleased to renew this important relationship with Unisys."
Prakash Thomas, Head of Risk Management, Unisys Asia-Pacific said," This partnership brings together the combined strengths of Unisys world-class capability in systems integration and consultancy with Kamakura's expertise in risk management. This joint relationship enables us to provide our clients with an enterprise-wide risk management solution and specifically address the Basel II requirements in the marketplace."