SAS Acquires Kamakura to Accelerate Risk Technology Innovation

SAS has acquired Kamakura Corporation. Privately held Kamakura provides specialized software, data, and consulting that helps financial organizations across the spectrum – banks, insurance companies, asset managers, pension funds, and more – manage a variety of financial risks.

SAS’ investment decision comes as post-pandemic optimism is tempered by war, unyielding supply chain disruption, and the demise of many pandemic-era financial and social safety-net programs. Rising inflation and recession rumblings have arisen as dark clouds on the global economic horizon, signaling potential turbulence ahead – a time for financial services businesses large and small to thoroughly examine the liquidity risk and other risks in their portfolios.

SAS intends to acquire Kamakura in order to provide an unprecedented suite of integrated risk solutions, particularly around asset-liability management (ALM), and to serve other areas of the financial services industry.