William Roberts

Title: The Innovations of William Roberts

Introduction

William Roberts is an accomplished inventor based in New York, NY. He has made significant contributions to the field of finance through his innovative patent related to credit default swaps. His work has implications for the financial industry, particularly in the management and settlement of credit default swap contracts.

Latest Patents

William Roberts holds a patent for "Systems and methods for credit default swap auction." This patent outlines systems and methods for settling credit default swap contracts upon the occurrence of a credit event. In the first stage, an inside market price and imbalance between net sell and buy positions are determined. When there is an imbalance, a second stage is employed to determine a final price for settling the imbalance. This innovation is crucial for enhancing the efficiency and reliability of financial transactions.

Career Highlights

William Roberts is associated with the International Swaps and Derivatives Association, Inc. His role in this organization has allowed him to influence the development of standards and practices in the derivatives market. His expertise in credit default swaps has positioned him as a key figure in the industry.

Collaborations

William has worked alongside notable colleagues such as John R. Williams and Doug Warren. Their collaboration has contributed to advancements in financial technologies and practices.

Conclusion

William Roberts is a notable inventor whose work in credit default swaps has made a significant impact on the financial industry. His innovative patent demonstrates his commitment to improving financial systems and practices.