Kamakura Corp., which produces leading-edge risk management systems, announced the release of Kamakura Risk Manager 2.0.
The software package has several modules, including KRM-dc for valuing nonmaturity deposits and credit card loans and KRM-yc for yield-curve smoothing.
KRM-cr, an integrated credit risk management tool being designed by Kamakura research director Robert Jarrow, is due out this month.
"KRM 2.0 puts solid financial theory into practical use in an integrated framework," said Mr. Jarrow, who is also the Ronald and Susan Lynch professor of investment management at Cornell University. The tool is "dedicated to strategic risk, providing great value to any banking organization's asset-liability management and trading risk management process."