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Kamakura and Unisys Renew World-wide Alliance


Kamakura and Unisys Renew World-wide Alliance for Risk Management and Basel II Solutions

Kamakura Corporation and Unisys Corporation (NYSE: UIS) announced today that their worldwide marketing alliance for the Kamakura Risk Manager enterprise wide risk management software has been renewed for another three-year term. The Kamakura Risk Manager system is an integrated credit risk, market risk, asset and liability management, and performance measurement software solution. A major focus of the Unisys-Kamakura alliance is to assist clients in the implementation of the Basel II capital requirements specified in the New Capital Accords from the Basel Committee on Banking Supervision. The Kamakura-Unisys alliance is one of the longest-standing alliances in the risk management business. Together the two firms have installed KRM at 11 major financial institutions around the globe.

“Macro-economic factors have driven default probabilities and financial institutions risk throughout Asia, the Americas and Europe,” said Warren Sherman, Kamakura President and Chief Operating Officer. “The Kamakura-Unisys relationship is built on recognition that only a fully integrated default probability and risk management system can address the risks posed by the next crisis. Unisys and Kamakura have teamed up time and time again to bring state of the art risk management software and systems to clients with a 100 percent success rate. We are very pleased to renew this important relationship with Unisys.“

Prakash Thomas, Head of Risk Management; Unisys Asia-Pacific said,” This partnership brings together the combined strengths of Unisys world-class capability in systems integration and consultancy with Kamakura’s expertise in risk management. This joint relationship enables us to provide our clients with an enterprise-wide risk management solution and specifically address the Basel II requirements in the marketplace.”

More information on the Kamakura Risk Manager system, first launched in 1993, and Kamakura’s approach to integrated interest rate risk and credit risk be found on the Kamakura Corporation web site www.kamakuraco.com and in Advanced Financial Risk Management (John Wiley & Sons, 2004) by Kamakura’s van Deventer, Kenji Imai, and Mark Mesler (available on www.amazon.com ). Advanced Financial Risk Management was recently named “best finance book of 2004” on www.riskbook.com.

About Unisys Asia Pacific Unisys Asia Pacific helps clients eliminate business and IT complexity providing specialised services delivered by trusted consultants. Drawing on a history of industry innovation and expertise, Unisys Asia Pacific delivers services and solutions through subsidiaries in Australia, New Zealand, China, Hong Kong, Korea, Malaysia, The Philippines, Singapore, Taiwan and Thailand and through distributors or resellers in other countries in the region.

About Unisys Unisys is a worldwide information technology services and solutions company. Our people combine expertise in consulting, systems integration, outsourcing, infrastructure and server technology with precision thinking and relentless execution to help clients, in more than 100 countries, quickly and efficiently achieve competitive advantage. For more information, visit www.unisys.com.

About Kamakura Corporation Kamakura Corporation is a leading provider of risk management information, processing and software. Kamakura has been a provider of daily default probabilities for listed companies since November, 2002. Kamakura launched its private firm modeling product in January 2004. Kamakura is also the first company in the world to develop and install a fully integrated credit risk, market risk, asset and liability management, and transfer pricing system. Kamakura has clients ranging in size from $3 billion in assets to $1 trillion in assets. Kamakura’s risk management software is currently used in the United States, Germany, Canada, the United Kingdom, Australia, China and many other countries in Asia.

Kamakura’s research effort is led by Professor Robert Jarrow, who was named Financial Engineer of the Year in 1997 by the International Association of Financial Engineers. Professor Jarrow and Dr. van Deventer were both named to the 50 member RISK Hall of Fame in December 2002. Kamakura management has published twenty-one books and more than 100 publications on credit risk, market risk, and asset and liability management. Kamakura has world-wide distribution alliances with IPS-Sendero (www.ips-sendero.com) and Unisys (www.unisys.com), making Kamakura products available in almost every major city around the globe.

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