Oliver Frankel

Title: Oliver Frankel: Innovator in Financial Technology

Introduction

Oliver Frankel is a prominent inventor based in New York, NY (US), known for his contributions to financial technology. He holds a total of 10 patents, showcasing his innovative approach to complex financial systems and derivatives.

Latest Patents

Frankel's latest patents include a "Method and system for calculating and providing initial margin under the standard initial margin model." This invention involves calculating an overall initial margin for non-cleared derivatives by acquiring information related to various risk classes. The system determines delta, vega, and curvature margins for each risk class, ultimately calculating the overall initial margin based on these values. Another significant patent is the "Method and apparatus for listing and trading a futures contract that physically settles into a swap." This patent describes a futures contract that settles into a reference swap upon expiration, ensuring a seamless transition for holders of the contract.

Career Highlights

Throughout his career, Frankel has worked with notable companies such as Goldman Sachs & Co. LLC and the International Swaps and Derivatives Association, Inc. His experience in these prestigious organizations has allowed him to refine his expertise in financial instruments and risk management.

Collaborations

Frankel has collaborated with several professionals in the industry, including Mark Evans and Tim Bridges. These partnerships have contributed to the development of innovative solutions in the financial sector.

Conclusion

Oliver Frankel's work in financial technology has significantly impacted the industry, particularly in the realm of derivatives and risk management. His patents reflect a deep understanding of complex financial systems and a commitment to innovation.