Company Filing History:
Years Active: 2009-2014
Title: The Innovations of Konstantin Zalutsky
Introduction
Konstantin Zalutsky is an accomplished inventor based in Bethlehem, PA, known for his contributions to financial technology. He holds three patents that showcase his expertise in developing systems for valuing foreign-based securities. His work has significant implications for mutual funds and international markets.
Latest Patents
One of Zalutsky's latest patents is a fair value model-based system, method, and computer program product for valuing foreign-based securities in a mutual fund. This innovative system determines fair value prices of financial securities in international markets. It involves selecting a universe of securities from a specific international market and computing overnight returns over a predetermined period. The system also selects return factors from a domestic financial market, computes their daily returns, and calculates return factor coefficients for each security through time series regression. This process ultimately produces a data stream of calculated coefficients, enhancing the valuation process for financial securities.
Career Highlights
Zalutsky is currently employed at ITG Software Solutions, Inc., where he continues to develop innovative solutions in the financial sector. His work focuses on improving the accuracy and efficiency of financial valuations, which is crucial for investors and fund managers.
Collaborations
Some of his notable coworkers include Ananth Madhavan and Jian Yang, who contribute to the collaborative environment at ITG Software Solutions, Inc. Their combined expertise fosters innovation and drives the development of advanced financial technologies.
Conclusion
Konstantin Zalutsky's contributions to the field of financial technology through his patents and work at ITG Software Solutions, Inc. highlight his role as a significant innovator in valuing foreign-based securities. His advancements are essential for enhancing the financial industry's approach to international investments.