Brief: Commonwealth Bank selects Kamakura for risk management
19 March 2002 | 2419 views | 0
Commonwealth Bank of Australia has licensed Kamakura's Risk Manager Transfer Pricing Suite to integrate the measurement of all its financial risks.
The product was licensed through Kamakura's technology partner EDS Australia.
Steven Carritt, head of asset and liability management at Commonwealth Bank, notes: "Kamakura's fully integrated solution, analytical excellence, and depth of practical experience were key factors in our selection of KRM."
KRM solutions have now been purchased by two of the four largest banks in Australia, says the vendor.