Patents Examined by Kevin Poe
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Patent number: 7716104Abstract: A system and method are provided for analyzing tax avoidance of a taxpaying entity. A taxpaying entity's financial information may be analyzed and used to compute a set of one or more financial ratios based at least in part on the entity's return on assets, capital, sales, and/or operating expenses. Those ratios may be compared to corresponding ratios for related firms operating in a predefined industry to identify whether the taxpaying entity engages in tax avoidance. The level of the taxpaying entity's tax avoidance may be calculated from analysis of the taxpaying entities controlled transactions. An adjusted tax liability may be produced after re-distribution, re-apportioning, or re-allocation of income, deductions, credits, or allowances.Type: GrantFiled: March 4, 2005Date of Patent: May 11, 2010Assignee: Chainbridge Software, Inc.Inventors: Nancy Cook, Eric Cook
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Patent number: 7689490Abstract: Systems and methods for allocating limited resources of a securities research department to accounts of the department are disclosed. According to various embodiments, the system includes an account scoring module and a resource matching module. The account scoring module is for generating a score for each account, and the resource matching module is for matching the resources of the department to the accounts based on the scores for each account.Type: GrantFiled: May 28, 2004Date of Patent: March 30, 2010Assignee: Morgan StanleyInventor: Barry Scott Hurewitz
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Patent number: 7685051Abstract: 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: GrantFiled: May 23, 2003Date of Patent: March 23, 2010Assignee: IntercontinentalExchange, Inc.Inventors: Raymond J. Cummings, David Goone
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Patent number: 7676426Abstract: The present invention provides methods and systems for managing Risk by associating a biometric profile with other data relevant to a Risk subject. Computerized systems can receive informational data that relates generally to Risk variables and relate the information to known biometric profiles. Compiled information can be situated and conveyed to a compliance department and be able to demonstrate to regulators that a financial institution has met standards relating to Risk containment.Type: GrantFiled: June 19, 2003Date of Patent: March 9, 2010Assignee: Goldman Sachs & Co.Inventors: David Lawrence, Carl Young
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Patent number: 7672889Abstract: Computer-implemented methods and systems to help investors determine the fair value and ratings of assets (such as equity or debt instruments, etc.), and thereby make better informed investment decisions, through: automatically consolidating selected asset historical performance, forecasting and rating information; automatically computing asset valuations based on default and/or customized valuation parameters; and automatically determining asset under or over valuation.Type: GrantFiled: July 15, 2004Date of Patent: March 2, 2010Inventor: Kent F. Brooks
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Patent number: 7624064Abstract: A method and system for providing multiple graphical user interfaces for electronic trading is provided. Electronic trading information is obtained on an application on a target device from one or more electronic trading exchanges. The electronic trading information is displayed on a multi-windowed graphical user interface (GUI) with a number of alternative output displays such as V-shape, with circles or rotating spheres, etc.Type: GrantFiled: October 31, 2005Date of Patent: November 24, 2009Assignee: Rosenthal Collins Group, LLCInventors: Leslie Rosenthal, J. Robert Collins
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Patent number: 7617143Abstract: Methods for generating risk demand indices are provided. In various embodiments, the methods may include selecting a plurality of sub-index modules, wherein generation of each sub-index module involves comparing at least one financial index representative of at least one risky asset to at least one other financial index representative of at least one non-risky asset. The methods may further include combining the selected sub-index modules to calculate the risk demand indices.Type: GrantFiled: May 13, 2005Date of Patent: November 10, 2009Assignee: Morgan StanleyInventor: Francesca Fornasari
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Patent number: 7613651Abstract: As market conditions descend or ascend an axis of prices, the display of market information is repositioned, at a pre-determined rate if desired, around an item of interest. An item of interest may include the best bid price, the best ask price, the inside market, a moving average, a last traded price, a theoretical value, the result of an equation, or some other item of interest to the trader. According to the present embodiments, market information may be displayed in a region relative to an axis of prices, and when an event occurs, a repositioning signal is initialized causing the axis to be repositioned such that the item of interest is positioned at a pre-determined location in the region. The price axis can be repositioned at a fixed rate or at a dynamically variable rate.Type: GrantFiled: May 1, 2006Date of Patent: November 3, 2009Assignee: Trading Technologies International Inc.Inventor: Brian J. Buck
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Patent number: 7603307Abstract: A computer-implemented method of processing large deposits that exceed an established deposit insurance limit is provided so that the large deposits are fully insured. The large deposits are received by a plurality of unaffiliated banks from their depositors. A processor receives orders placed by the plurality of unaffiliated banks to process the large deposits. The processor partitions each of the large deposits into a plurality of deposit portions, each deposit portion not exceeding the established deposit insurance limit. The processor assigns at least some of the deposit portions to at least some of the unaffiliated banks for deposit therein. In this manner, at least some of the unaffiliated banks that place orders to process large deposits also receive deposit portions from other unaffiliated banks that place orders to process large deposits.Type: GrantFiled: February 3, 2009Date of Patent: October 13, 2009Assignee: Promontory Interfinancial Network, LLCInventor: Mark P. Jacobsen
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Patent number: 7596522Abstract: A computer program product is provided that includes computer-readable media encoded with instructions that, when executed by a processor, process large deposits that exceed an established deposit insurance limit so that the large deposits are fully insured. The large deposits are received by a plurality of unaffiliated banks from their depositors. Orders are placed by the plurality of unaffiliated banks to process the large deposits. Each of the large deposits is partitioned into a plurality of deposit portions so that each deposit portion does not exceed the established deposit insurance limit. At least some of the deposit portions are assigned to at least some of the unaffiliated banks for deposit therein. In this manner, at least some of the unaffiliated banks that place orders to process large deposits also receive deposit portions from other unaffiliated banks that place orders to process large deposits.Type: GrantFiled: February 26, 2009Date of Patent: September 29, 2009Assignee: Promontory Interfinancial Network, LLCInventor: Mark P. Jacobsen
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Patent number: 7587357Abstract: As market conditions descend or ascend an axis of prices, the display of market information is repositioned, at a pre-determined rate if desired, around an item of interest. An item of interest may include the best bid price, the best ask price, the inside market, a moving average, a last traded price, a theoretical value, the result of an equation, or some other item of interest to the trader. According to the present embodiments, market information may be displayed in a region relative to an axis of prices, and when an event occurs, a repositioning signal is initialized causing the axis to be repositioned such that the item of interest is positioned at a pre-determined location in the region. The price axis can be repositioned at a fixed rate or at a dynamically variable rate.Type: GrantFiled: June 30, 2003Date of Patent: September 8, 2009Assignee: Trading Technologies International Inc.Inventor: Brian J. Buck
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Patent number: 7464055Abstract: An alert system that notifies an Exchange's staff of a trade that appears to be outside of an expected market range of prices includes an input device, determination logic, evaluation logic, and alert logic. The determination logic derives a theoretical no-bust range of prices based on data received from the input device. The theoretical no-bust range of prices are prices above and below a synthesized market price, within which an erroneous trade cannot be cancelled. The evaluation logic monitors trades and compares those trades to the theoretical no-bust range of prices. The alert logic notifies the Exchange's staff when the evaluation logic identifies a potentially erroneous trade that lies outside the theoretical no-bust range of prices. A method of notifying the Exchange of a trade that potentially lies outside of an expected range of prices includes monitoring an input range of prices and deriving the theoretical no-bust range of prices.Type: GrantFiled: March 28, 2003Date of Patent: December 9, 2008Assignee: Chicago Mercantile ExchangeInventors: Matthew J. Kelly, Mazen Chadid, Elizabeth D. Freeman, Robert J. Wilcox, Mahesh G. Hira
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Patent number: 7440914Abstract: An Interchange service that allows member banks participating in the service to offer their customers multiple certificates of deposit (“Multi-CDs”) so that large deposits exceeding an applicable Federal deposit insurance limit (e.g., $100,000) are fully insured. The Interchange partitions each of the large deposits into a plurality of deposit portions that do not exceed the Federal deposit insurance limit. The deposit portions are assigned to the member banks so that, for each member bank, the difference between funds flowing out of and into each member bank is minimized or eliminated. Differences in deposit terms offered by each of the member banks are monetized and resolved through the calculation and payment of present value payments, which are transferred between member banks that have different sets of deposit terms.Type: GrantFiled: April 17, 2002Date of Patent: October 21, 2008Assignee: Promontory Interfinancial Networks, LLCInventor: Mark P. Jacobsen
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Patent number: 7376606Abstract: An Interbank Deposit Placement System (IDPS) that allows banks participating in the service to offer their customers multiple deposits so that potential deposit (fund) amounts exceeding an applicable Federal deposit insurance limit (e.g., $100,000) are fully insured. The IDPS partitions each of the potential deposit amounts into a plurality of deposit portions that do not exceed the Federal deposit insurance limit. In one embodiment, a proposed list of banks to which the deposit portions are allocated is presented to a recipient (e.g., bank representative, depositor) who is offered the option of modifying the proposed list during an established time window. After the time window expires, a deposit is established on behalf of each bank on the list to which the specific deposit portion was allocated by the processor.Type: GrantFiled: January 17, 2003Date of Patent: May 20, 2008Assignee: Promontory Interfinancial Network, LLCInventor: Mark P. Jacobsen