This inventor holds 2 USPTO granted patents and 2 published patent applications. Top assignee: Chicago Mercantile Exchange Inc.. Active years: 2011-2012.
Company Filing History:
Years Active: 2011-2012
Title: Keith Anguish: Innovator in Derivative Product Valuation
Introduction
Keith Anguish is a notable inventor based in Homer Glen, IL (US), recognized for his contributions to the field of finance, particularly in the valuation of derivative products. With a total of 2 patents, Anguish has made significant strides in enhancing the methodologies used in financial markets.
Latest Patents
Anguish's latest patents include innovative methods for valuing derivative products. The first patent, titled "Valuation of Derivative Products," discloses a method, apparatus, and computer-readable medium for determining the value of a derivative product over nonconsecutive periods. This method is particularly applicable to interest rate swap products, which are typically valued on a mark-to-market basis over consecutive periods. The patent outlines a methodology that utilizes swap value factors and settlement values to achieve accurate valuations.
The second patent, "Factorization of Interest Rate Swap Variation," describes methods for processing and clearing derivative products such as interest rate swaps (IRSs). This patent introduces a swap value factor (SVF) that is generated to calculate the mark-to-market value of an IRS. The SVF is derived from interest rates based on a yield curve, and it facilitates cash flow generation between buyers and sellers, reflecting changes in the market price of the derivative.
Career Highlights
Keith Anguish is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in financial derivatives. His work focuses on improving the efficiency and accuracy of derivative product valuation, contributing to the overall stability of financial markets.
Collaborations
Throughout his career, Anguish has collaborated with notable colleagues, including Suneel Iyer and Ketan Patel. These collaborations have fostered an environment of innovation and have led to advancements in the field of finance.
Conclusion
In summary, Keith Anguish is a distinguished inventor whose work in derivative product valuation has made a significant impact on the financial industry. His patents reflect a deep understanding of complex financial instruments and demonstrate his commitment to innovation in this critical area.