Patents by Inventor Robin L. Parsons

Robin L. Parsons 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).

  • VERIFICATION OF NET ASSET VALUES
    Publication number: 20090265362
    Abstract: Disclosed herein is a system for verifying financial data, such as a Net Asset Value (“NAV”), received from a third party. A new NAV for a fund may be supplied to the system, along with other data, for storage in a database of financial data. Upon receiving the new NAV, the system may analyze the NAV by comparing it to historical NAVs for that fund. If the NAV is within a certain variance, as compared to historical values, then the NAV may be stored as a current NAV for the fund. However, if the NAV differs from one or more historical values by more than a predetermined tolerance, the system may present to a provider of the NAV data one or more possible explanations for the variation, from among which the provider must select an explanation before the NAV is added to the database of financial data.
    Type: Application
    Filed: July 1, 2009
    Publication date: October 22, 2009
    Applicant: State Street Bank
    Inventors: Robin L. Parsons, Thomas F. Ray
  • Verification of net asset values
    Patent number: 7587354
    Abstract: Disclosed herein is a system for verifying financial data, such as a Net Asset Value (“NAV”), received from a third party. A new NAV for a fund may be supplied to the system, along with other data, for storage in a database of financial data. Upon receiving the new NAV, the system may analyze the NAV by comparing it to historical NAVs for that fund. If the NAV is within a certain variance, as compared to historical values, then the NAV may be stored as a current NAV for the fund. However, if the NAV differs from one or more historical values by more than a predetermined tolerance, the system may present to a provider of the NAV data one or more possible explanations for the variation, from among which the provider must select an explanation before the NAV is added to the database of financial data.
    Type: Grant
    Filed: November 27, 2001
    Date of Patent: September 8, 2009
    Assignee: State Street Corporation
    Inventors: Robin L. Parsons, Thomas F. Ray
  • Verification of net asset values
    Publication number: 20030101119
    Abstract: Disclosed herein is a system for verifying financial data, such as a Net Asset Value (“NAV”), received from a third party. A new NAV for a fund may be supplied to the system, along with other data, for storage in a database of financial data. Upon receiving the new NAV, the system may analyze the NAV by comparing it to historical NAVs for that fund. If the NAV is within a certain variance, as compared to historical values, then the NAV may be stored as a current NAV for the fund. However, if the NAV differs from one or more historical values by more than a predetermined tolerance, the system may present to a provider of the NAV data one or more possible explanations for the variation, from among which the provider must select an explanation before the NAV is added to the database of financial data.
    Type: Application
    Filed: November 27, 2001
    Publication date: May 29, 2003
    Inventors: Robin L. Parsons, Thomas F. Ray