Company Filing History:
Years Active: 2014-2020
Title: Randal Almeida: Innovator in Pricing Algorithms
Introduction
Randal Almeida is an accomplished inventor based in Chicago, IL (US). He has made significant contributions to the field of pricing algorithms, holding a total of 3 patents. His work focuses on enhancing the accuracy and efficiency of pricing strategies in various applications.
Latest Patents
One of Randal Almeida's notable patents is the "Determination of banding start price for order evaluation." This innovation involves generating a banding start price using multiple subroutines. Each subroutine employs a different algorithm and has distinct input data criteria. The subroutines are ranked based on the expected accuracy of their price outputs. Ultimately, the banding start price is generated by the highest-ranking subroutine that meets the relevant input data criteria.
Career Highlights
Randal Almeida is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in pricing algorithms. His innovative approaches have contributed to the company's reputation as a leader in financial markets.
Collaborations
Randal collaborates with John Paul Scheerer, a fellow professional in the field. Their combined efforts enhance the development of advanced pricing solutions.
Conclusion
Randal Almeida's work in pricing algorithms exemplifies innovation in the financial sector. His patents reflect a commitment to improving order evaluation processes, making him a valuable contributor to his field.