Company Filing History:
Years Active: 2010
Title: The Innovations of Benjamin M. Chesir
Introduction
Benjamin M. Chesir is an accomplished inventor based in Woodmere, NY (US). He has made significant contributions to the field of finance through his innovative patent. His work focuses on enhancing the determination of margin requirements for financial portfolios.
Latest Patents
Chesir holds a patent titled "Method and system for determining margin requirements." This invention provides a system and method for applying value-at-risk determination of a financial portfolio to a performance bond requirement. It compares the value-at-risk determination with a traditional scenario-based performance bond requirement, offering a more efficient approach to financial risk management.
Career Highlights
Chesir is associated with the New York Mercantile Exchange, Inc., where he applies his expertise in financial systems. His role at this prominent institution allows him to influence the financial industry significantly.
Collaborations
Chesir has worked alongside notable colleagues, including Robert A. Levin and Robert A. Biolsi. Their collaboration has likely contributed to the development of innovative solutions in the financial sector.
Conclusion
Benjamin M. Chesir's contributions to financial innovation through his patent demonstrate his commitment to improving risk management in finance. His work continues to impact the industry positively.