Company Filing History:
Years Active: 2019-2025
Title: Innovator Edmund Li: Pioneering Financial Patents in Chicago
Introduction
Edmund Li, an accomplished inventor based in Chicago, Illinois, has made significant contributions to the field of financial technology. With a total of nine patents, his innovations are at the forefront of improving financial practices and portfolio management.
Latest Patents
Li's recent patents highlight his expertise in optimizing financial processes. One of his noteworthy inventions is the **Liquidation Cost Calculation**. This patent involves a method to estimate allocations of portfolio positions to products, allowing for the determination of an optimized liquidation cost, essential for financial stability. His other significant patent is the **PCA-Based Portfolio Margining**, which utilizes principal component analysis to determine margin requirements for financial product portfolios. This inventive method assesses market conditions and calculates risk amounts, thereby ensuring effective margin determination.
Career Highlights
Edmund Li serves at the Chicago Mercantile Exchange Inc., where he has leveraged his skills to advance financial methodologies. His career at this prestigious institution has been marked by a commitment to innovation in financial applications, enabling better risk management and cost optimization for various financial products.
Collaborations
Throughout his career, Li has collaborated with talented individuals such as Dmitriy Glinberg and Feliks Landa. These partnerships have fostered an environment of creative problem-solving, leading to the successful development of multiple patents that have impacted the financial technology landscape.
Conclusion
With his impressive portfolio of patents and a dedicated career at the Chicago Mercantile Exchange Inc., Edmund Li exemplifies the spirit of innovation in finance. His contributions not only enhance the efficiency of financial operations but also pave the way for future advancements in the industry.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.