William R. Egan is a notable inventor based in Short Hills, NJ (US). He has made significant contributions to the field of risk assessment through his innovative methods and systems. With a total of 2 patents, Egan's work is recognized for its practical applications in various transactions.

Latest Patents

Egan's latest patents focus on a method, software program, and system for ranking the relative risk of a plurality of transactions. This method involves assigning values to various variables associated with each transaction. By aggregating these values on a transaction-by-transaction basis, an aggregate risk level is produced for each transaction. The transactions are then ranked relative to one another based on their corresponding aggregate risk levels. This innovative approach not only enhances risk assessment but also provides a corresponding software program and system to facilitate its implementation.

Career Highlights

William R. Egan is currently employed at Goldman Sachs & Co. LLC, where he applies his expertise in risk management and transaction analysis. His work at this prestigious financial institution underscores his commitment to advancing methodologies that improve decision-making processes in finance.

Collaborations

Egan has collaborated with notable colleagues such as Michael Pinedo and Mel Gunewardena. These partnerships have likely contributed to the development and refinement of his innovative ideas and patents.

Conclusion

William R. Egan's contributions to the field of risk assessment through his patents and work at Goldman Sachs & Co. LLC highlight his innovative spirit and dedication to improving transaction analysis. His methods and systems are paving the way for more effective risk management strategies in various industries.