Kaushik Amin

Title: Innovations by Kaushik Amin in Financial Derivatives

Introduction

Kaushik Amin is an accomplished inventor based in New York, NY (US), known for his contributions to the field of financial derivatives. With a total of two patents to his name, he has made significant strides in developing systems that enhance the efficiency and pricing of financial instruments.

Latest Patents

Amin's latest patents focus on "Systems and methods for extendable swap." This innovative system allows two parties to enter into an ISDA Master Agreement and negotiate various OTC derivative transaction agreements, including interest rate swaps, cross-currency swaps, commodity swaps, equity swaps, and currency swaps. The agreements include terms that set conditions precedent for the automatic extension of the extendable swap. If these conditions are met at the end of a specified period, the agreement automatically renews for another period under the same terms, up to a final termination date. Conversely, if the conditions are not met, the contract does not renew, and the agreement terminates on the relevant anniversary date. This mechanism enables parties to offer better pricing based on period valuations and probabilities used to calculate the swap's price.

Career Highlights

Kaushik Amin is currently employed at Barclays Capital Inc., where he applies his expertise in financial derivatives. His work has contributed to the advancement of innovative financial solutions that benefit both the company and its clients.

Collaborations

Amin collaborates with notable colleagues, including Scott Willoughby and Daniel Rothman, who share his commitment to innovation in the financial sector.

Conclusion

Kaushik Amin's work in developing extendable swap systems showcases his innovative spirit and dedication to enhancing financial instruments. His contributions are paving the way for more efficient and effective financial transactions in the industry.