Patents by Inventor Dan Rothman

Dan Rothman 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).

  • Publication number: 20120150568
    Abstract: The present invention contemplates a risk management system for facilitating an e-commerce transaction wherein the participants to the transaction engage in commerce using different currencies. An automated sales risk management system facilitates a transaction by providing a price of a transaction which incorporates aggregated costs related to the transaction into a price made available to the participants. A currency risk management system can receive an amount relating to a deliverable involved in a transaction and determines an aggregated cost of the transaction. Aggregated cost can include a cost of credit, a cost for exchange of currency, a cost of insurance, processing fees, or other associated costs. Insurance can be monitored and a determination can be made regarding whether a participant has adequate insurance to cover a proposed transaction. The present invention also provides for risk associated with online transactions to be categorized and transferred.
    Type: Application
    Filed: June 6, 2011
    Publication date: June 14, 2012
    Inventors: Sharon Greener, Mark Higgins, Effie Konstantine Anagnostopoulos, Paul Young, Dan Rothman, John Godfrey, Mel Gunewardena
  • Patent number: 7979347
    Abstract: The present invention contemplates a risk management system for facilitating an e-commerce transaction wherein the participants to the transaction engage in commerce using different currencies. An automated sales risk management system facilitates a transaction by providing a price of a transaction which incorporates aggregated costs related to the transaction into a price made available to the participants. A currency risk management system can receive an amount relating to a deliverable involved in a transaction and determines an aggregated cost of the transaction. Aggregated cost can include a cost of credit, a cost for exchange of currency, a cost of insurance, processing fees, or other associated costs. Insurance can be monitored and a determination can be made regarding whether a participant has adequate insurance to cover a proposed transaction. The present invention also provides for risk associated with online transactions to be categorized and transferred.
    Type: Grant
    Filed: November 16, 2000
    Date of Patent: July 12, 2011
    Assignee: Goldman Sachs & Co.
    Inventors: Sharon Greener, Mark Higgins, Effie Konstantine Anagnostopoulos, Paul Young, Dan Rothman, John Godfrey, Mel Gunewardena
  • Publication number: 20090307126
    Abstract: A computerized method and system buying and selling in a marketplace denominated in multiple currencies. A best bid or best offer can be determined according to pecuniary advantage based upon a selected currency. An amount required to become a best bid or best offer within a set of defined currencies is also included. Some embodiments include a network of computers permitting access to a multi-currency marketplace. Prices in the multi-currency marketplace can be ranked according to a particular currency selected by a market participant.
    Type: Application
    Filed: August 14, 2009
    Publication date: December 10, 2009
    Inventors: Dan Rothman, Mark Higgins
  • Patent number: 7593884
    Abstract: A computerized method and system buying and selling in a marketplace denominated in multiple currencies. A best bid or best offer can be determined according to pecuniary advantage based upon a selected currency. An amount required to become a best bid or best offer within a set of defined currencies is also included. Some embodiments include a network of computers permitting access to a multi-currency marketplace. Prices in the multi-currency marketplace can be ranked according to a particular currency selected by a market participant.
    Type: Grant
    Filed: April 10, 2002
    Date of Patent: September 22, 2009
    Assignee: Goldman Sachs & Co.
    Inventors: Dan Rothman, Mark Higgins
  • Patent number: 6829590
    Abstract: The present invention provides a method and system to implement risk management of foreign exchange of currency related to an online transaction. According to the present invention an exchange price and a tolerance parameter can be determined for a foreign currency as the foreign currency relates to a base currency. A computer system can receive a spot price relating to a market price for exchange of a foreign currency and compare the spot price with the tolerance parameter. The system can modify the exchange price if spot price exceeds the tolerance parameter. In addition, the system can receive information including the base currency amount involved in an online transaction and transmit the base currency amount and the foreign currency amount, wherein the foreign currency amount is derived according to the exchange price.
    Type: Grant
    Filed: October 31, 2000
    Date of Patent: December 7, 2004
    Assignee: Goldman, Sachs & Co.
    Inventors: Sharon Greener, Mark Higgins, Effie Konstantine Anagnostopoulos, Paul Young, Dan Rothman, John Godfrey, Mel Gunewardena
  • Publication number: 20020152154
    Abstract: A computerized method and system buying and selling in a marketplace denominated in multiple currencies. A best bid or best offer can be determined according to pecuniary advantage based upon a selected currency. An amount required to become a best bid or best offer within a set of defined currencies is also included. Some embodiments include a network of computers permitting access to a multi-currency marketplace. Prices in the multi-currency marketplace can be ranked according to a particular currency selected by a market participant.
    Type: Application
    Filed: April 10, 2002
    Publication date: October 17, 2002
    Inventors: Dan Rothman, Mark Higgins