Patents by Inventor Lucio Biase

Lucio Biase 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).

  • Patent number: 8781952
    Abstract: One embodiment of the present invention is directed to a system related to pooled credit risk. Another embodiment of the present invention is directed to a method related to pooled credit risk. Another embodiment of the present invention is directed to computer software related to pooled credit risk. Another embodiment of the present invention is directed to a financial instrument allocation optimization algorithm. In one example, the financial instrument allocation optimization algorithm may relate to a maximum matching algorithm. In another example, the financial instrument allocation optimization algorithm may relate to a maximum dispersion algorithm.
    Type: Grant
    Filed: October 2, 2008
    Date of Patent: July 15, 2014
    Inventor: Lucio Biase
  • Publication number: 20090012892
    Abstract: A method, system and financial product permitting trading of futures of OTC derivatives is provided.
    Type: Application
    Filed: July 6, 2007
    Publication date: January 8, 2009
    Inventor: Lucio Biase
  • Publication number: 20070078742
    Abstract: An interface that facilitates reporting, settlement, and financing charges for the fields of swaps (credit default, interest and other) and bond options. A system for aggregating, organizing, reporting and settling Over the Counter (“OTC”) derivative trades. Many clients refrain from trading Credit Default Swaps (“CDS”) due to the heavy documentation and disclosure requirements mandated by each counterparty: International Swaps and Derivatives Association, Inc. (“ISDA”), Credit Support Annex (“CSA”) and Trade Confirm. This solution applies a Prime Broker and give-up agreements. The backlog of unsigned confirms has allowed for electronic novations (assignments). A Prime Broker can stand in between their client and all their counterparties to lessen the documentation burdens.
    Type: Application
    Filed: September 27, 2006
    Publication date: April 5, 2007
    Inventor: Lucio Biase