Kamakura Corporation and Sumisho Computer Systems today announced an alliance to distribute the Kamakura enterprise-wide risk management system Kamakura Risk Manager in Japan. Kamakura Corporation, with more than 200 clients in 33 countries, was founded in Japan in 1990 but now has its world headquarters in Honolulu. Sumisho Computer Systems Corporation (âSCSâ) is a leading Tokyo-based information technology company. Listed on the first section of the Tokyo Stock Exchange, SCS is involved in the development of software and the provision of information processing services. It is also engaged in the sale of computer systems, as well as the construction, operation and management of information communications networks. SCS's solution products include its Enterprise Resource Planning solutions and related data platform solutions. SCS has 15 subsidiaries and six associated companies.
Mr. Yoshinori Imai, Senior Vice President in the Financial Systems Solution Unit of Sumisho Computer Systems, said today, âThe impact of the September 2008 âLehman Shockâ in Japan has brought risk management to the forefront of management concerns in the financial services industry in Japan. Japanese institutions require the best available risk management technology and business partners who know Japanese markets and Japanese financial institutions. The RISK Technology Rankings 2009 rated Kamakura number one in both asset and liability management and in liquidity risk management. Weâre extremely pleased to partner with the number one-ranked risk management firm in the world, Kamakura, and to further extend Kamakuraâs 20 years of success in the Japanese markets.â
Kamakuraâs President Warren A. Sherman said Wednesday, âWe are honored to announce todayâs partnership with Sumisho Computer Systems. Kamakura Corporation has prided itself on long lasting and productive relationships with its business partners, and we are looking forward to many decades of success with Sumisho Computer Systems and our mutual clients in Japan.â
Toshio Murate, General Manager for Kamakura Corporation in Japan, added, âIt is extremely important to Japanese clients that they have the best possible risk management technology and a business partner with a very large physical presence in Japan. Moreover, they need a risk vendor and information technology partner who thoroughly understand Japanese markets and Japanese institutions. The combination of Sumisho Computer Systemsâ expertise and Kamakuraâs 20 years of experience in Tokyo make this a very powerful combination for our Japanese clients.â