About
Financial Engineering was incorporated in the State of Florida in 2001 by Jaime Cuevas Dermody to provide problem-solving services and intellectual property of a financial nature. Clients included money-center banks, major law firms, large hedge funds, and real estate developers, as well as oil-and-gas service companies.
Financial Engineering and its principal do the following:
1. Provides the “Partnership Representative” or the Partnership Representative's “Designated Person,” as a fiduciary or non-fiduciary, for partnerships under IRS Regulation 301.6223-1(b)(3)(ii) in the New Partnership-Audit Rules, which take effect with partnership tax years starting after 2017;
2. Develops economically efficient partnership agreement modifications that cope with the New Partnership Audit Rules;
3. Creates trade ideas and structured products;
4. Values financial positions and businesses in sales and bankruptcies;
5. Measures and develops a strategy to mitigate interest-rate risk;
6. Develops efficient domicile and corporate governance;
7. Teaches financial product and partnership accounting and taxation;
8. Evaluate tax lawyers and accountants for firms hiring such; and
9. Serves on boards of directors of financial and oil-and-gas-service firms.
In support of these lines of business, Financial Engineering has expertise in many areas, from mathematical finance to Islamic finance, and has amassed large databases.
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