Patents by Inventor Devakumar Sreevijayan

Devakumar Sreevijayan 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).

  • Mortgage-backed security hedging systems and methods
    Patent number: 7899731
    Abstract: A computer assisted method of developing a hedge position for a mortgage-backed security. The method includes calculating a duration of the security based on price histories of the security and changes in yield of a benchmark security and expressing periodic changes in price of the security. The method also includes calculating a relative coupon of the security and calculating a current coupon yield of the mortgage sector. The method further includes calculating an empirical duration of the security, calculating a hedge ratio for the security, and outputting a hedge position for the security based on the hedge ratio.
    Type: Grant
    Filed: May 20, 2010
    Date of Patent: March 1, 2011
    Assignee: Morgan Stanley
    Inventors: Devakumar Sreevijayan, Andrew K. Gunstensen
  • MORTGAGE-BACKED SECURITY HEDGING SYSTEMS AND METHODS
    Publication number: 20100228663
    Abstract: A computer assisted method of developing a hedge position for a mortgage-backed security. The method includes calculating a duration of the security based on price histories of the security and changes in yield of a benchmark security and expressing periodic changes in price of the security. The method also includes calculating a relative coupon of the security and calculating a current coupon yield of the mortgage sector. The method further includes calculating an empirical duration of the security, calculating a hedge ratio for the security, and outputting a hedge position for the security based on the hedge ratio.
    Type: Application
    Filed: May 20, 2010
    Publication date: September 9, 2010
    Applicant: Morgan Stanley (a Delaware Corporation)
    Inventors: Devakumar Sreevijayan, Andew K. Gunstensen
  • Mortgage-backed security hedging systems and methods
    Patent number: 7747501
    Abstract: A computer assisted method of developing a hedge position for a mortgage-backed security. The method includes calculating a duration of the security based on price histories of the security and changes in yield of a benchmark security and expressing periodic changes in price of the security. The method also includes calculating a relative coupon of the security and calculating a current coupon yield of the mortgage sector. The method further includes calculating an empirical duration of the security, calculating a hedge ratio for the security, and outputting a hedge position for the security based on the hedge ratio.
    Type: Grant
    Filed: May 31, 2005
    Date of Patent: June 29, 2010
    Assignee: Morgan Stanley
    Inventors: Devakumar Sreevijayan, Andew K. Gunstensen