Marc Joffe Named Senior Advisor to Kamakura Corporation

New York, NY, USA - 12 April 2011

Kamakura Corporation announced today that Marc Joffe has been named Senior Advisor to Kamakura Corporation. Mr. Joffe will be based in San Francisco and will be part of the company’s client services team supporting existing and prospective customers as they implement and maximize the benefits from Kamakura’s risk management solutions. Additionally he will work closely with Mark Mesler, Managing Director and head of KRIS default probability services on product development efforts. Mr. Joffe is a specialist in the areas of public finance, credit risk and application development.

Prior to joining Kamakura, Marc was a Senior Director with Moody’s Analytics and a product manager for Moody’s KMV. “Marc brings to us extensive experience in systems technology, risk management and credit analytics along with the ability to integrate the three for the benefit of the client,” said Kamakura Chief Administrative Officer Martin Zorn. “Marc is a great addition to our team and will be a tremendous asset to our customers and as well as help drive our continuous innovation”.

“As a former competitor, I was impressed with the unique capabilities Kamakura brings to the marketplace, including its open approach to corporate default risk modeling, its first of a kind sovereign default probability tool and the ability to jointly address credit and market risk within a single framework”, Joffe said. “I look forward to working with colleagues at Kamakura to build upon the sovereign model and add support for sub-sovereign issuers.”

Mr. Joffe received his Master of Business Administration and Bachelor of Arts in Economics from New York University where he was inducted into Phi Beta Kappa. He is currently attending the San Francisco University where he expects to earn his MPA in Public Administration, and has recently been nominated to Pi Alpha Alpha, the Public Administration honor society.

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