This inventor holds 1 USPTO granted patent. Top assignee: Deutsche Boerse Ag. Active years: 2013.
Company Filing History:
Years Active: 2013
Title: Innovations of Peter Kästel in Valuation Systems
Introduction
Peter Kästel is an accomplished inventor based in Edenkoben, Germany. He has made significant contributions to the field of data processing systems, particularly in the area of valuation methods. His innovative approach addresses the complexities involved in valuing constructs that may fail during separation events.
Latest Patents
Peter Kästel holds a patent for "Unsteadiness compensation in valuation systems and methods." This patent introduces a data processing system and method designed to value a bundle of constructs that may individually fail. The system includes a present value determination unit that applies a predefined model to ascertain the present value of the bundle after a failing construct has been separated. Additionally, a static value determination unit reduces a static base number with each separation event. The calculation unit then computes the total value of the bundle based on both the present and static values. Notably, the bundle of constructs can include a basket of credit default swaps.
Career Highlights
Peter Kästel is currently associated with Deutsche Börse AG, where he applies his expertise in valuation systems. His work at the company reflects his commitment to advancing financial technologies and improving valuation methodologies.
Conclusion
Peter Kästel's innovative contributions to valuation systems demonstrate his expertise and dedication to enhancing data processing methods. His patent showcases a unique approach to addressing challenges in valuing constructs, marking him as a notable figure in the field of inventions.