This inventor holds 1 USPTO granted patent and 1 published patent application. Top assignee: Jpmorgan Chase Bank, N.a.. Active years: 2013.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2013
Title: Innovations by Amit Sinha in Longevity Risk Management
Introduction
Amit Sinha is an accomplished inventor based in New York, NY (US). He has made significant contributions to the field of financial technology, particularly in managing longevity risk. His innovative approach has led to the development of a unique system that addresses the complexities of longevity bonds.
Latest Patents
Amit Sinha holds a patent for a "System and method for managing hedging of longevity risk." This computer-implemented method and system provide a framework for managing the hedging of longevity for beneficiaries. The method includes issuing a longevity bond through a special purpose vehicle, utilizing computer processing components. The bond's returns are linked to a longevity index defined for a reference population of a pre-selected cohort of beneficiaries. The process involves receiving payments from investors for the longevity bond, investing these amounts in a collateral pool, and managing cash flows from this investment. Additionally, the method incorporates a swap to exchange cash flows for an amount equal to the difference between actual and estimated longevity index amounts. This innovative approach allows for periodic payments to investors that adjust based on the longevity performance of the beneficiaries.
Career Highlights
Amit Sinha is currently employed at JPMorgan Chase Bank, N.A., where he applies his expertise in financial technology and risk management. His work focuses on developing systems that enhance the management of financial products related to longevity.
Collaborations
Amit collaborates with notable colleagues, including Guy D. Coughlan and Christopher S. Watts. Their combined expertise contributes to the advancement of innovative solutions in the financial sector.
Conclusion
Amit Sinha's contributions to the field of longevity risk management exemplify the intersection of technology and finance. His innovative patent reflects a forward-thinking approach to addressing the challenges associated with longevity bonds. Through his work at JPMorgan Chase Bank, he continues to influence the financial landscape positively.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile