Dmitry Noraev

Title: Innovations by Dmitry Noraev

Introduction

Dmitry Noraev is an accomplished inventor based in New Providence, NJ (US). He has made significant contributions to the field of financial technology, particularly in the areas of risk management and insurance. With a total of 2 patents, his work focuses on developing methods and systems that enhance the efficiency and effectiveness of financial products.

Latest Patents

Dmitry's latest patents include "Methods and systems for providing GMWB hedging and GMDB reinsurance." This invention involves computer processors that identify a block of idealized policies and calculate associated risks based on specified actuarial assumptions. The system is designed to provide customized options for guaranteed minimum withdrawal benefits and guaranteed minimum death benefits, replicating the current policy mix of an insurance company. Another notable patent is "Methods and systems for variable annuity risk management." This invention outlines systems and methods for hedging against the loss of value of variable annuity policies during the transaction period. It includes a purchase price adjustment grid that accounts for changes in market parameters, ensuring fair pricing for variable annuities.

Career Highlights

Dmitry currently works at Barclays Capital Inc., where he applies his expertise in financial technology to develop innovative solutions. His work has been instrumental in advancing the company's capabilities in risk management and insurance products.

Collaborations

Dmitry collaborates with talented professionals such as Craig Sabal and Stephen Roti, contributing to a dynamic work environment that fosters innovation and creativity.

Conclusion

Dmitry Noraev's contributions to the field of financial technology through his patents and work at Barclays Capital Inc. highlight his role as a leading inventor in the industry. His innovative methods and systems continue to shape the landscape of risk management and insurance.