Based in Thailand with 1,957,827 million Baht in assets (almost US $63 billion), Krung Thai Bank needed a solution that would allow it to produce daily Bank of Thailand regulatory reports and, most importantly, customer behavior adjusted daily liquidity reporting with contingency planning. Krung Thai joins a number of other large banks in Thailand that have already implemented Kamakura Risk Manager software. The installation of KRM and related consulting and training were done in conjunction with a very talented distribution team which has worked and trained closely with Kamakuraâs risk experts led by Research Director Professor Robert Jarrow and Kamakura CEO and founder Dr. Donald R. van Deventer, both members of the RISK Hall of Fame.
âKamakura Corporation is extremely pleased to have Krung Thai Bank as a client,â said Kamakura Chief Administrative Officer Martin Zorn. âKamakura has worked with 82 banks, insurance companies, corporations and governments in Asia, and each new client has made an important contribution to the quality of Kamakuraâs enterprise risk management software, risk information service KRIS, and risk consulting business. Kamakura looks forward to many decades of advancing the state of risk management with the risk team at Krung Thai.â