This inventor holds 1 USPTO granted patent. Top assignee: Morgan Stanley. Active years: 2011.
Company Filing History:
Years Active: 2011
Title: David Laks: Innovator in Financial Risk Reporting
Introduction
David Laks is an accomplished inventor based in Passaic, NJ (US). He has made significant contributions to the field of financial risk management through his innovative patent. His work focuses on enhancing the accuracy and efficiency of risk calculations in financial systems.
Latest Patents
David Laks holds a patent for "Systems and methods for transactional risk reporting." This patent describes a system and method for accommodating financial risk calculations within a relational database schema. The database schema is designed to scale and accommodate various risk calculations by utilizing a name/value pair approach associated with market factors. The definitions of risk calculations are explicitly and unambiguously defined by associating risk numbers with market factors that have been perturbed during the calculation process.
Career Highlights
David Laks is currently employed at Morgan Stanley, where he applies his expertise in financial risk management. His role involves developing systems that enhance the reliability of financial data and risk assessments. His innovative approach has positioned him as a valuable asset in the financial sector.
Collaborations
David has collaborated with notable colleagues, including Alexander Ginzburg and Farid Khalili. Their combined expertise contributes to the advancement of financial technologies and risk management solutions.
Conclusion
David Laks is a prominent inventor whose work in financial risk reporting has made a significant impact on the industry. His innovative patent and contributions to Morgan Stanley highlight his dedication to improving financial systems.