Company Filing History:
Years Active: 2019-2025
Title: Udesh Jha: Innovator in Financial Product Portfolio Management
Introduction
Udesh Jha is a prominent inventor based in Chicago, IL, known for his contributions to financial technology. He holds a total of six patents, showcasing his innovative approach to solving complex financial problems. His work primarily focuses on enhancing portfolio management through advanced computational methods.
Latest Patents
One of Udesh Jha's latest patents is titled "PCA-based Portfolio Margining." This invention involves a computer-implemented method that determines a margin requirement for a financial product portfolio. The market conditions for this portfolio are characterized by a zero curve. The method includes producing a plurality of scenario curves, each reflecting a principal component analysis (PCA) model of the zero curve. Each scenario curve incorporates a respective PCA factor offset from a corresponding base value for the zero curve. The process involves calculating a projected value of the financial product portfolio for each scenario curve, determining a loss risk amount for each PCA factor based on the projected and current values, and ultimately establishing the margin requirement based on the sum of the loss risk amounts for the PCA factors.
Career Highlights
Udesh Jha is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in financial product management. His innovative methods have significantly contributed to the efficiency and accuracy of margin requirements in financial portfolios.
Collaborations
Udesh collaborates with notable colleagues, including Jalpan Shah and Dmitriy Glinberg, who share his commitment to advancing financial technology.
Conclusion
Udesh Jha's work exemplifies the intersection of innovation and finance, making significant strides in portfolio management through his patented methods. His contributions continue to influence the financial industry positively.