Company Filing History:
Years Active: 2009-2014
Title: **Innovative Mind: Artem Asriev's Contributions to Financial Technology**
Introduction
Artem Asriev, an accomplished inventor based in Winchester, MA, has made significant strides in the field of financial technology with a total of 11 patents to his name. His work primarily focuses on enhancing financial systems and processes, showcasing a commitment to innovation and efficiency in the financial sector.
Latest Patents
One of Asriev's latest patents is titled **"Fair value model based system, method, and computer program product for valuing foreign-based securities in a mutual fund."** This invention details a system designed to determine fair value prices for financial securities within international markets. The process involves selecting a universe of securities, computing overnight returns, and applying return factor coefficients through time series regression to establish their contribution to security returns.
Another notable patent is the **"System and method for estimating and optimizing transaction costs."** This invention provides a framework for forecasting transaction costs associated with portfolio trade execution. It leverages automated forecasting technology to generate detailed transaction cost estimation reports based on user-defined variables, utilizing specific algorithms to model trade execution costs effectively.
Career Highlights
Artem Asriev currently works at ITG Software Solutions, Inc., where he continues to develop innovative financial systems that address pressing market needs. His extensive background in finance and technology positions him as a leader in the creation of tools that improve trade execution efficiency and cost-effectiveness.
Collaborations
Throughout his career, Asriev has collaborated with esteemed colleagues such as Ananth Madhavan and Jian Yang. These professional relationships have allowed him to expand his expertise and contribute to high-impact projects within the technology and finance sectors.
Conclusion
Artem Asriev's contributions to financial technology reflect his entrepreneurial spirit and innovative approach to problem-solving. With a robust portfolio of patents and a dedication to advancing financial systems, Asriev is poised to make further significant impacts in the field. His work not only facilitates better trade execution but also promotes a deeper understanding of fair valuations in global markets.