19 October 2017
Find out more

China Everbright Bank live with Kamakura credit limits and loan pricing modules

20 July 2005  |  1482 views  |  0 Source: Kamakura

Kamakura Corporation announced today the launch of two major new modules of its integrated risk management software suite Kamakura Risk Manager: the KRM-lm credit limits module and KRM-lp, the Kamakura loan pricing module.

Kamakura has gone live with both modules in Beijing at China Everbright Bank, which licensed the full Kamakura Risk Manager suite in late 2004.

China Everbright Bank has assets of more than $40 billion and has earned a reputation as one of the most advanced practitioners of risk management in greater China. The Bank uses the Kamakura Risk Manager software system and the two new modules to manage the credit risk embedded in the Bank's growing commercial loan portfolio. Systems integration was performed by Kamakura distributor Great Wall Software International and BearingPoint.

"Kamakura's new credit limits and loan pricing modules represent another step forward in fully integrated credit risk, market risk, and asset and liability management," said Warren Sherman, Kamakura President and Chief Operating Officer. "China Everbright Bank now has credit limits and loan pricing capabilities that are fully consistent with the state of the art in credit-adjusted market risk and credit portfolio management. In the same vein, Everbright's loan pricing is based on the same leading edge yield curve smoothing and default probability technology that are at the heart of the KRM system. Our multi-lingual integration of web based reporting with KRM analytics has made implementation in Chinese at Everbright a very efficient and productive project for all involved."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.com visit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15517 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8710 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8349 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7792 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6962 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job