Kamakura Corporation is a global financial software company headquartered in Honolulu, Hawaii. It specializes in software and data for risk management for banking, insurance and investment businesses.
The company was founded in 1990 by its current CEO and Chairman Dr. Donald R. van Deventer, and as of 2019 Kamakura had served more than 330 clients in 47 countries.[1] Cornell professor Robert A. Jarrow, co-creator of the Heath–Jarrow–Morton framework for pricing interest rate derivatives and the reduced form Jarrow–Turnbull credit risk models employed for pricing credit derivatives, serve as the company's Director of Research.
In June 2022, Kamakura was acquired by SAS Institute.[2]
History
Kamakura Corporation was founded in Tokyo in 1990. Kamakura Risk Manager (KRM) was first sold commercially in 1993.[1]