Kamakura and Unisys Renew World-wide Alliance for Risk Management and Basel II Solutions

HONOLULU, February 4, 2005: Kamakura Corporation and Unisys Corporation (NYSE: UIS) announced today that their world-wide marketing alliance for the Kamakura Risk Manager enterprise wide risk management software has been renewed for another three year term. The Kamakura Risk Manager system is an integrated credit risk, market risk, asset and liability management, and performance measurement software solution. A major focus of the Unisys-Kamakura alliance is to assist clients in the implementation of the Basel II capital requirements specified in the New Capital Accords from the Basel Committee on Banking Supervision. The Kamakura-Unisys alliance is one of the longest-standing alliances in the risk management business. Together the two firms have installed KRM at 11 major financial institutions around the globe.

"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."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development