Patents Assigned to Equatrax
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Patent number: 8296238Abstract: Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.Type: GrantFiled: November 5, 2010Date of Patent: October 23, 2012Assignee: EquatraxInventors: Alec Miloslavsky, Cal O'Kelly, Jacob Feldman, Michael Koifman
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Patent number: 7970707Abstract: Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.Type: GrantFiled: February 1, 2008Date of Patent: June 28, 2011Assignee: EquatraxInventors: Alec Miloslavsky, Cal O'Kelly, Jacob Feldman, Michael Koifman
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Publication number: 20110054923Abstract: Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.Type: ApplicationFiled: November 5, 2010Publication date: March 3, 2011Applicant: EQUATRAXInventors: Alec Miloslavsky, Cal O'Kelly, Jacob Feldman, Michael Koifman
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Patent number: 7747474Abstract: Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.Type: GrantFiled: December 13, 2006Date of Patent: June 29, 2010Assignee: EquatraxInventors: Alec Miloslavsky, Cal O'Kelly, Jacob Feldman, Michael Koifman
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Publication number: 20080189155Abstract: Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.Type: ApplicationFiled: February 1, 2008Publication date: August 7, 2008Applicant: EquaTraxInventors: Alec Miloslavsky, Cal O'Kelly, Jacob Feldman, Michael Koifman
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Publication number: 20070156607Abstract: Systems and methods for the dynamic processing of royalties are disclosed. Sales records are processed on a transaction basis rather than in batch mode. This process also allows correction of information retroactively, rather than delaying the entire processing of the information. One embodiment includes a system comprising a message broker in communication with a plurality of clients and services, a state machine, a processor and a time manager. The message broker interacts with the processor to execute a common service based on events produced by the state machine. Another embodiment includes a method comprising providing a rate matrix, receiving a sales record from a database and calculating a royalty payment using the sales record and the rate matrix.Type: ApplicationFiled: December 13, 2006Publication date: July 5, 2007Applicant: EquaTraxInventors: Alec Miloslavsky, Cal O'Kelly, Jacob Feldman, Michael Koifman