Ulrich A Bruns

Title: Ulrich A. Bruns: Innovator in Risk and Reward Assessment

Introduction

Ulrich A. Bruns is a notable inventor based in Rock Hill, SC (US). He has made significant contributions to the field of risk and reward assessment through his innovative methodologies. His work focuses on creating data-driven solutions that cater to both consumers and small businesses.

Latest Patents

Ulrich A. Bruns holds a patent for a "Risk and Reward Assessment Mechanism." This invention describes a data-driven and forward-looking risk and reward appetite methodology. The methodology includes customer segmentation to create pools of homogeneous assets in terms of revenue and loss characteristics. It employs forward-looking simulations to forecast expected values and volatilities of revenue and loss. Additionally, it optimizes the risk and reward of the portfolio. One of the methodologies used for modeling revenue and loss is a generalized additive effect decomposition model to fit historical data. Based on this model, a segmentation procedure is performed, allowing for the creation of groups of customers with similar revenue and loss characteristics. An estimation procedure for the model is developed, along with a simulation strategy to forecast and simulate revenue and loss volatility. Efficient frontier curves of risk, such as return volatility, and reward, such as expected return, are created for the current portfolio under various economic scenarios. Ulrich A. Bruns has 1 patent to his name.

Career Highlights

Ulrich A. Bruns is currently employed at Bank of America Corporation, where he applies his expertise in risk assessment methodologies. His work has been instrumental in enhancing the bank's approach to managing consumer and small business portfolios.

Collaborations

Some of his notable coworkers include Timothy John Breault and John Delmonico, who contribute to the innovative environment at Bank of America Corporation.

Conclusion

Ulrich A. Bruns is a distinguished inventor whose work in risk and reward assessment has made a significant impact in the financial sector. His methodologies provide valuable insights for managing portfolios effectively.