This inventor holds 21 USPTO granted patents and 13 published patent applications, plus 1 CIPO patent, primarily in Financial Technology. Top assignee: Chicago Mercantile Exchange Inc.. Active years: 2013-2026.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Location History:
- Hong Kong, CN (2019)
- Chicago, IL (US) (2018 - 2020)
- Westport, CT (US) (2013 - 2024)
Company Filing History:
Years Active: 2013-2026
Areas of Expertise:
**Title: David Andrew Boberski: Innovator in Credit Default Swap Technology**
Introduction
David Andrew Boberski is a prominent inventor based in Westport, Connecticut, recognized for his significant contributions to the field of financial technology. With a remarkable portfolio of 19 patents, Boberski's innovations primarily focus on electronic trading systems, particularly in the area of credit default swaps (CDS).
Latest Patents
Among his latest inventions, Boberski has developed an electronic trading system specifically designed for trading credit default swap (CDS) futures contracts on an open exchange. This innovative system allows buyers and sellers to isolate and trade the credit risk associated with a third party, which may be a corporation, sovereign government, or any entity involved in issuing bonds or notes. The CDS futures contracts enable sellers to pay premiums over time, with increments determined by market rates through the natural operation of the open market. Meanwhile, buyers make contingency payments if the CDS futures contract becomes in-the-money (ITM). Both parties benefit from the added security of the exchange providing counterparty guarantees.
Career Highlights
Boberski's career has been significantly shaped by his role at the Chicago Mercantile Exchange Inc., where he has been instrumental in advancing trading technologies. His expertise in developing systems that enhance market efficiency and risk management is well-regarded in the financial sector.
Collaborations
Throughout his career, Boberski has collaborated with notable colleagues, including John Labuszewski and Richard Co. These partnerships have fostered innovative developments and have strengthened the overall impact of his work within the trading technology landscape.
Conclusion
David Andrew Boberski is a vital contributor to the advancements in electronic trading systems, particularly in credit default swap clearing. His dedication to innovation and collaboration within the industry underscores his status as an influential inventor in the realm of financial technology.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile