Patents by Inventor R. J. Cummings

R. J. Cummings 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).

  • Multi-asset portfolio simulation (MAPS)
    Patent number: 10817947
    Abstract: An exemplary system according to the present disclosure comprises a computing device that in operation, causes the system to receive financial product or financial portfolio data, map the financial product to a risk factor, execute a risk factor simulation process involving the risk factor, generate product profit and loss values for the financial product or portfolio profit and loss values for the financial portfolio based on the risk factor simulation process, and determine an initial margin for the financial product. The risk factor simulation process can be a filtered historical simulation process.
    Type: Grant
    Filed: July 26, 2018
    Date of Patent: October 27, 2020
    Assignee: Intercontinental Exchange Holdings, Inc.
    Inventors: Michael G. Weber, Stanislav I. Ivanov, Charles A. Vice, Michael Gibson, Yunke Yang, Vikram Atre, Joshua I. Shapiro, Judson H. Morrison, Bradley D. Shively, Sidhartha Routray, Michael A. Hopper, Thomas W. Jefson, R J Cummings, Jacob S. Ensign, Jeremy K. O'Shields, Stephen R. Pounds, Eric D. J. Shepherd, Ismail Iyigunler
  • Multi-asset portfolio simulation (MAPS)
    Patent number: 10102581
    Abstract: An exemplary system according to the present disclosure comprises a computing device that in operation, causes the system to receive financial product or financial portfolio data, map the financial product to a risk factor, execute a risk factor simulation process involving the risk factor, generate product profit and loss values for the financial product or portfolio profit and loss values for the financial portfolio based on the risk factor simulation process, and determine an initial margin for the financial product. The risk factor simulation process can be a filtered historical simulation process.
    Type: Grant
    Filed: June 13, 2014
    Date of Patent: October 16, 2018
    Assignee: Intercontinental Exchange Holdings, Inc.
    Inventors: Michael G. Weber, Stanislav I. Ivanov, Charles A. Vice, Michael Gibson, Yunke Yang, Vikram Atre, Joshua I. Shapiro, Judson H. Morrison, Bradley D. Shively, Sidhartha Routray, Michael A. Hopper, Thomas W. Jefson, R J Cummings, Jacob S. Ensign, Jeremy K. O'Shields, Stephen R. Pounds, Eric D. J. Shepherd, Ismail Iyigunler
  • System for settling over the counter trades
    Patent number: 7904377
    Abstract: A system for automatically determining a trade settlement pathway comprising: receiving trade pathway preferences from a first and second party with respect to each other; wherein the trade is settled through clearing if both parties have available accounts with a clearing firm and the trade satisfies each party's clearing account credit limitations; and wherein the trade is settled bilaterally if at least one party does not have an available clearing account or both parties prefer to settle the trade bilaterally, and the trade satisfies each party's bilateral credit limitations.
    Type: Grant
    Filed: October 31, 2007
    Date of Patent: March 8, 2011
    Assignee: IntercontinentalExchange, Inc.
    Inventors: R. J. Cummings, David Goone
  • SYSTEM FOR SETTLING OVER THE COUNTER TRADES
    Publication number: 20080270278
    Abstract: A system for automatically determining a trade settlement pathway comprising: receiving trade pathway preferences from a first and second party with respect to each other; wherein the trade is settled through clearing if both parties have available accounts with a clearing firm and the trade satisfies each party's clearing account credit limitations; and wherein the trade is settled bilaterally if at least one party does not have an available clearing account or both parties prefer to settle the trade bilaterally, and the trade satisfies each party's bilateral credit limitations.
    Type: Application
    Filed: October 31, 2007
    Publication date: October 30, 2008
    Inventors: R.J. Cummings, David Goone
  • System for settling over the counter trades
    Publication number: 20030225681
    Abstract: A system for automatically determining a trade settlement pathway comprising: receiving trade pathway preferences from a first and second party with respect to each other; wherein the trade is settled through clearing if both parties have available accounts with a clearing firm and the trade satisfies each party's clearing account credit limitations; and wherein the trade is settled bilaterally if at least one party does not have an available clearing account or both parties prefer to settle the trade bilaterally, and the trade satisfies each party's bilateral credit limitations.
    Type: Application
    Filed: May 23, 2003
    Publication date: December 4, 2003
    Inventors: R. J. Cummings, David Goone