FinDer is a software system, developed at Columbia University, which uses low discrepancy sequences to solve problems in finance.

The use of low discrepancy sequences to value complex securities and for risk management has been patented by Columbia University. An important instance of a complex security is a financial derivative. US patent 5,940,810 issued on August 17, 1999. US patent 6,058,377 issued on May 2, 2000, Canadian patent 2,229,144 issued on December 31, 2002, Canadian patent 2,280,476 issued on January 21, 2003. Columbia University offers licenses for the patents and/or the FinDer software under reasonable terms and conditions. Interested parties should contact:

 Columbia Technology Ventures

Columbia University

80 Claremont Street, Mail Code 9606

New York, NY 10027


Tel: (212) 854-8444, Fax: (212) 854-8463