Patents by Inventor Alan F. McKenzie

Alan F. McKenzie 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).

  • Patent number: 11625780
    Abstract: Various embodiments are generally directed to techniques for automated call cross trade imbalance execution. Techniques described herein may provide an automated crossing solution for buy-side clients that limits position information to banks and individuals prior to setting a benchmark rate for foreign exchange. In some embodiments, clients may roll forward spot trades with a chosen counterparty bank, which is then sent to a centralized, automated, bank platform. Techniques described herein may offer a multi-bank platform solution that accepts trades, validates trades, performs credit checks, and executes trades in a manner that limits knowledge of position information prior to setting a benchmark rate. Further, proposed techniques include determining a trade imbalance and automatically executing the determined trade imbalance in a manner such that market impact is minimalized.
    Type: Grant
    Filed: May 28, 2021
    Date of Patent: April 11, 2023
    Assignee: STATE STREET BANK AND TRUST COMPANY
    Inventors: Alan F. McKenzie, Mark Snyder, Harsha Bhat
  • Patent number: 11023970
    Abstract: Various embodiments are generally directed to techniques for automated call cross trade imbalance execution. Techniques described herein may provide an automated crossing solution for buy-side clients that limits position information to banks and individuals prior to setting a benchmark rate for foreign exchange. In some embodiments, clients may roll forward spot trades with a chosen counterparty bank, which is then sent to a centralized, automated, bank platform. Techniques described herein may offer a multi-bank platform solution that accepts trades, validates trades, performs credit checks, and executes trades in a manner that limits knowledge of position information prior to setting a benchmark rate. Further, proposed techniques include determining a trade imbalance and automatically executing the determined trade imbalance in a manner such that market impact is minimalized.
    Type: Grant
    Filed: September 14, 2018
    Date of Patent: June 1, 2021
    Assignee: STATE STREET BANK AND TRUST COMPANY
    Inventors: Alan F. McKenzie, Mark Snyder, Harsha Bhat
  • Publication number: 20190236696
    Abstract: Various embodiments are generally directed to techniques for automated call cross trade imbalance execution. Techniques described herein may provide an automated crossing solution for buy-side clients that limits position information to banks and individuals prior to setting a benchmark rate for foreign exchange. In some embodiments, clients may roll forward spot trades with a chosen counterparty bank, which is then sent to a centralized, automated, bank platform. Techniques described herein may offer a multi-bank platform solution that accepts trades, validates trades, performs credit checks, and executes trades in a manner that limits knowledge of position information prior to setting a benchmark rate. Further, proposed techniques include determining a trade imbalance and automatically executing the determined trade imbalance in a manner such that market impact is minimalized.
    Type: Application
    Filed: September 14, 2018
    Publication date: August 1, 2019
    Applicant: STATE STREET BANK AND TRUST COMPANY
    Inventors: ALAN F. MCKENZIE, MARK SNYDER, HARSHA BHAT
  • Patent number: 10102578
    Abstract: Various embodiments are generally directed to techniques for automated call cross trade imbalance execution. Techniques described herein may provide an automated crossing solution for buy-side clients that limits position information to banks and individuals prior to setting a benchmark rate for foreign exchange. In some embodiments, clients may roll forward spot trades with a chosen counterparty bank, which is then sent to a centralized, automated, bank platform. Techniques described herein may offer a multi-bank platform solution that accepts trades, validates trades, performs credit checks, and executes trades in a manner that limits knowledge of position information prior to setting a benchmark rate. Further, proposed techniques include determining a trade imbalance and automatically executing the determined trade imbalance in a manner such that market impact is minimalized.
    Type: Grant
    Filed: March 20, 2015
    Date of Patent: October 16, 2018
    Assignee: STATE STREET BANK AND TRUST COMPANY
    Inventors: Alan F. McKenzie, Mark Snyder, Harsha Bhat
  • Publication number: 20160042456
    Abstract: Various embodiments are generally directed to techniques for automated call cross trade imbalance execution. Techniques described herein may provide an automated crossing solution for buy-side clients that limits position information to banks and individuals prior to setting a benchmark rate for foreign exchange. In some embodiments, clients may roll forward spot trades with a chosen counterparty bank, which is then sent to a centralized, automated, bank platform. Techniques described herein may offer a multi-bank platform solution that accepts trades, validates trades, performs credit checks, and executes trades in a manner that limits knowledge of position information prior to setting a benchmark rate. Further, proposed techniques include determining a trade imbalance and automatically executing the determined trade imbalance in a manner such that market impact is minimalized.
    Type: Application
    Filed: March 20, 2015
    Publication date: February 11, 2016
    Inventors: Alan F. McKenzie, Chip E. Lowry, Mark Snyder, Harsha Bhat