NEW YORK, August 23, 2011 -- Honolulu-based Kamakura Corporation announced Tuesday that it has released another 10 case studies in liquidity risk that are designed to help financial services firms to correctly analyze their own liquidity risk and to measure compliance with the liquidity risk ratios embedded in the evolving Basel III regulations on capital and liquidity. The initial ten case studies were announced on June 16. The case studies are derived from the Kamakura Risk Information Services Credit Crisis Liquidity Risk data base announced by Kamakura on May 12, 2011. The institutions analyzed in the new set of case studies Barclays, Goldman Sachs, the combined JPMorgan Chase-Bear Stearns-Washington Mutual, Wachovia, State Street, Bank of New York Mellon, HSH Nordbank, Societe Generale, Bank of Scotland, and Royal Bank of Scotland.

“We noted in Kamakura’s June press release that a firm’s own liquidity risk history provides little insight into how a crisis will affect the firm if it hasn’t experienced a crisis in the past,” said Kamakura founder and Chief Executive Officer Donald R. van Deventer, “The KRIS Credit Crisis Liquidity Risk Data Base quantifies the capital short falls experienced by 1,305 institutions around the world. Any firm measuring its own economic capital and ‘survivability’ should be using the results from the KRIS Liquidity Risk Data Base for model validation and for a reality check on its modeling efforts. Kamakura’s experience is that most financial institutions are underestimating their own risk, as measured both by the KRIS Liquidity Risk Data Base and by the KRIS public firm default probability service.”

The new case studies in the liquidity risk series can be found on www.kamakuraco.com under the blog for Kamakura Chairman Dr. Donald R. van Deventer:

“Case Studies in Liquidity Risk: Barclays,“ Kamakura blog, www.kamakuraco.com, June 14, 2011.

“Case Studies in Liquidity Risk: Goldman Sachs,“ Kamakura blog, www.kamakuraco.com, July 7, 2011.

“Case Studies in Liquidity Risk: JPMorgan Chase, Bear Stearns and Washington Mutual,“ Kamakura blog, www.kamakuraco.com, July 8, 2011.

“Case Studies in Liquidity Risk: Wachovia,“ Kamakura blog, www.kamakuraco.com, July 12, 2011.

“Case Studies in Liquidity Risk: State Street,” Kamakura blog, www.kamakuraco.com, July 20, 2011.

“Case Studies in Liquidity Risk: Bank of New York Mellon,” Kamakura blog, www.kamakuraco.com, July 21, 2011.

“Case Studies in Liquidity Risk: HSH Nordbank AG New York Branch,” Kamakura blog, www.kamakuraco.com, July 25, 2011.

“Case Studies in Liquidity Risk: Societe Generale SA New York Branch,” Kamakura blog, www.kamakuraco.com, July 27, 2011.

“Case Studies in Liquidity Risk: Bank of Scotland PLC New York Branch,” Kamakura blog, www.kamakuraco.com, August 1, 2011.

“Case Studies in Liquidity Risk: Royal Bank of Scotland PLC New York Branch,” Kamakura blog, www.kamakuraco.com, August 4, 2011.

The first 10 case studies in liquidity risk announced in June by Kamakura include the following entries:

”Case Studies in Liquidity Risk: AIG,” Kamakura blog, www.kamakuraco.com, May 16, 2011.

“Case Studies in Liquidity Risk: Bank of America,” Kamakura blog, www.kamakuraco.com, May 17, 2011.

”Case Studies in Liquidity Risk: Countrywide Financial,” Kamakura blog, www.kamakuraco.com, May 18, 2011.

”Case Studies in Liquidity Risk: Merrill Lynch,” Kamakura blog, www.kamakuraco.com, May 20, 2011.

“Case Studies in Liquidity Risk: Consolidated Bank of America, Countrywide and Merrill Lynch,” Kamakura blog, www.kamakuraco.com, May 25, 2011.

“Case Studies in Liquidity Risk: Lehman Brothers (Dick Fuld was Right, Updated June 3, 2001),” Kamakura blog, www.kamakuraco.com, May 31, 2011.

“Case Studies in Liquidity Risk: Morgan Stanley (Updated June 3, 2011),” Kamakura blog, www.kamakuraco.com, June 1, 2011.

“Case Studies in Liquidity Risk: Citigroup,” Kamakura blog, www.kamakuraco.com, June 6, 2011.

“Case Studies in Liquidity Risk: Dexia Credit Local New York Branch,” Kamakura blog, www.kamakuraco.com, June 7, 2011.

“Case Studies in Liquidity Risk: Depfa Bank PLC New York Branch,” Kamakura blog, www.kamakuraco.com, June 9, 2011.

The case studies are derived from the 15,801 borrowing transactions by 1,305 financial institutions from the Federal Reserve from February 8, 2008 until March 16, 2009. For more information on the KRIS Credit Crisis Liquidity Risk data base or the case studies in liquidity risk, please contact

David Boldon, Washington, D.C, 1-201-240-6235, dboldon@kamakuraco.com

Suresh Sankaran, London, 44- 07725-544-770, ssankaran@kamakuraco.com

Toshio Murate, Tokyo, 81-3-5778-7807, tmurate@kamakuraco.com

Li Li, Shanghai, 86-21-6103-7052, lli@kamakuraco.com

To request information from other locations, please contact info@kamakuraco.com.

About Kamakura Corporation

Founded in 1990, Honolulu-based Kamakura Corporation is a leading provider of risk management information, processing and software. Kamakura has taken Credit Technology Innovation Awards from Credit Magazine each year since 2008. In 2010, Kamakura was the only vendor to win 2 innovation awards, one each with distribution partners Fiserv and Thomson Reuters. Kamakura, along with its distributor Fiserv, was ranked number one in asset and liability management analysis and liquidity risk analysis in the RISK Technology Rankings in 2009. Kamakura Risk Manager, first sold commercially in 1993 and now in version 7.3, was also named in the top five for market risk assessment, Basel II capital calculations, and for “risk dashboard.” Kamakura was also ranked in the RISK Technology Rankings 2008 as one of the world’s top 3 risk information providers for its KRIS default probability service. The KRIS public firm default service was launched in 2002, and the KRIS sovereign default service, the world’s first, was launched in 2008. KRIS default probabilities are displayed for 4000 corporates and sovereigns via the Reuters 3000 Xtra service and the Thomson Reuters Eikon service. Kamakura has served more than 200 clients ranging in size from $1.5 billion in assets to $1.6 trillion in assets. Kamakura’s risk management products are currently used in 34 countries, including the United States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the United Kingdom, Russia, the Ukraine, Eastern Europe, the Middle East, Africa, South America, Australia, Japan, China, Korea and many other countries in Asia.

Kamakura has world-wide distribution alliances with Fiserv, Sumisho Computer Systems, Unisys, and Zylog Systems making Kamakura products available in almost every major city around the globe.