Patents by Inventor Alen Sen Kay Ong

Alen Sen Kay Ong has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • System and method for a risk management framework for hedging mortality risk in portfolios having mortality-based exposure
    Patent number: 8311922
    Abstract: The invention comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio.
    Type: Grant
    Filed: October 13, 2010
    Date of Patent: November 13, 2012
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Guy D. Coughlan, David Epstein, Alen Sen Kay Ong, Robert J. Hall
  • System and Method for a Risk Management Framework for Hedging Mortality Risk in Portfolios Having Mortality-Based Exposure
    Publication number: 20110029456
    Abstract: The invention comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio.
    Type: Application
    Filed: October 13, 2010
    Publication date: February 3, 2011
    Inventors: Guy D. Coughlan, David Epstein, Alen Sen Kay Ong, Robert J. Hall
  • System and method for a risk management framework for hedging mortality risk in portfolios having mortality-based exposure
    Patent number: 7840468
    Abstract: The invention comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio.
    Type: Grant
    Filed: March 2, 2007
    Date of Patent: November 23, 2010
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Guy D. Coughlan, David Epstein, Alen Sen Kay Ong, Robert J. Hall
  • Creating and trading building block mortality derivatives to transfer and receive mortality risk in a liquid market
    Patent number: 7840464
    Abstract: The invention comprises A comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio.
    Type: Grant
    Filed: March 2, 2007
    Date of Patent: November 23, 2010
    Assignee: JPMorgan Chase Bank, N.A.
    Inventors: Guy D. Coughlan, David Epstein, Alen Sen Kay Ong, Robert J. Hall
  • System and method for a risk management framework for headging mortality risk in portfolios having mortality-based exposure
    Publication number: 20080189221
    Abstract: The invention comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio.
    Type: Application
    Filed: March 2, 2007
    Publication date: August 7, 2008
    Applicant: JPMorgan Chase Bank, N.A.
    Inventors: Guy D. Coughlan, David Epstein, Alen Sen Kay Ong, Robert J. Hall
  • Creating and Trading Building Block Mortality Derivatives To Transfer and Receive Mortality Risk In A Liquid Market
    Publication number: 20080189222
    Abstract: The invention comprises A comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio.
    Type: Application
    Filed: March 2, 2007
    Publication date: August 7, 2008
    Applicant: JPMorgan Chase Bank, N.A.
    Inventors: Guy D. Coughlan, David Epstein, Alen Sen Kay Ong, Robert J Hall