SOURCE: Kamakura Corporation

January 22, 2008 14:33 ET

Export Development Canada Licenses Kamakura Risk Manager for Credit Portfolio Management

HONOLULU, HI--(Marketwire - January 22, 2008) - Kamakura Corporation reported today that Export Development Canada, headquartered in Ottawa, has licensed the Kamakura Risk Manager risk management software system for credit portfolio management. EDC, which provides financial services to help Canadian companies and investors expand their international business in some 200 countries world-wide, selected Kamakura and the KRM system after an extensive world-wide request for proposal process. Systems integration on the project is being performed by Kamakura's North American support team, based in New York.

"EDC takes its risk management responsibilities very seriously as a financially self-sustaining Canadian Crown corporation," said Warren Sherman, Kamakura President and Chief Operating Officer. "Kamakura's systems meet EDC's standards for the accurate, integrated, and transparent management of the credit and market risks that evolve from its business activities. This is an important milestone in the continued evolution of EDC's risk management through capital management. It is an honor for Kamakura to work with the risk management team at EDC in the years ahead."

About Export Development Canada

EDC is Canada's export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by 6,400 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and is a recognized leader in financial reporting, economic analysis and has been named one of Canada's Top 100 Employers for seven consecutive years. For more on EDC, see www.edc.ca.

About Kamakura Corporation

Founded in 1990, Kamakura Corporation is a leading provider of risk management information, processing and software. Kamakura has been a provider of daily default probabilities and default correlations for listed companies since November, 2002. Kamakura launched its collateralized debt obligation (CDO) pricing service KRIS-CDO in April 2007. Kamakura is also the first company in the world to develop and install a fully integrated enterprise risk management system that analyzes credit risk, market risk, asset and liability management, transfer pricing, and capital allocation. Kamakura has served more than 160 clients ranging in size from $3 billion in assets to $1.6 trillion in assets. Kamakura's risk management products are currently used in 25 countries, including the United States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the United Kingdom, Poland, Eastern Europe, the Middle East, Africa, Australia, Japan, China, Korea and many other countries in Asia. Kamakura has world-wide distribution alliances with IPS-Sendero (www.fiservips-sendero.com) and Unisys (www.unisys.com), making Kamakura products available in almost every major city around the globe.

Contact Information