Karen L Chang

Title: The Innovative Contributions of Karen L Chang

Introduction

Karen L Chang is a notable inventor based in New York, NY. She has made significant contributions to the field of finance through her innovative patent. With a focus on developing systems that enhance financial analysis, her work stands out in the competitive landscape of technology and finance.

Latest Patents

Karen holds a patent for a "System for providing a correlation index." This system includes a memory and a processor that are communicatively coupled. The memory stores a correlation index based on a portfolio of index options, stock options, and deltas computed using constant flat implied volatilities. The processor determines the value of the correlation index by selecting strike prices for each option, computing implied volatility, and calculating deltas.

Career Highlights

Karen is currently employed at Bank of America Corporation, where she applies her expertise in financial systems. Her role involves leveraging her patent to improve financial decision-making processes. With her innovative approach, she contributes to the advancement of financial technologies.

Collaborations

Some of her coworkers include Peter J Williams and Yonathan Epelbaum. Their collaboration fosters a dynamic environment for innovation and development within the company.

Conclusion

Karen L Chang exemplifies the spirit of innovation in the financial sector. Her contributions through her patent and work at Bank of America Corporation highlight her impact on the industry.