Patents by Inventor Douglas Guy Kittelsen

Douglas Guy Kittelsen 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: 11610265
    Abstract: Data transaction-specific data packets transmitted over a data communications network from a plurality of source computer nodes are processed. A first data packet communication session is established between one source computer node and one destination computer node to transport data transaction specific data packets over a first path through the data communications network. A second alternative data packet communication session is established between the one source computer node and the one destination computer node to transport data transaction specific data packets over a second path that is different from and bypasses the first path. When a condition based on the data transaction-specific data packets is identified, electronic processing circuitry initiates an alteration of the first data packet communication session.
    Type: Grant
    Filed: November 18, 2020
    Date of Patent: March 21, 2023
    Assignee: FTEN, Inc.
    Inventors: Lee Cole, Douglas Guy Kittelsen, Malcolm Gary Lafever, Ted Nathan Myerson
  • Publication number: 20210073911
    Abstract: Data transaction-specific data packets transmitted over a data communications network from a plurality of source computer nodes are processed. A first data packet communication session is established between one source computer node and one destination computer node to transport data transaction specific data packets over a first path through the data communications network. A second alternative data packet communication session is established between the one source computer node and the one destination computer node to transport data transaction specific data packets over a second path that is different from and bypasses the first path. When a condition based on the data transaction-specific data packets is identified, electronic processing circuitry initiates an alteration of the first data packet communication session.
    Type: Application
    Filed: November 18, 2020
    Publication date: March 11, 2021
    Inventors: Lee COLE, Douglas Guy KITTELSEN, Malcolm Gary LAFEVER, Ted Nathan MYERSON
  • Patent number: 10867349
    Abstract: Example embodiments include a method and system for managing intraday risk conditions. Data transaction specific data messages transmitted over a data communications network from a plurality of source nodes trading an article of trade with a plurality of destination nodes are processed. The messages include account parameter information. Intraday risk condition data is associated in memory with entity identification data associated with an entity. Using the entity identification data, account parameter information included in the processed data transaction specific data messages is identified that matches the intraday risk condition data for the entity. In response to an identified match, a data transaction involving the entity submitted via a communication session to a corresponding one of the plurality of destination nodes is modified to reduce intraday risk for the entity associated with the data transaction.
    Type: Grant
    Filed: July 17, 2014
    Date of Patent: December 15, 2020
    Assignee: FTEN, Inc.
    Inventors: Lee Cole, Douglas Guy Kittelsen, Malcolm Gary Lafever, Ted Nathan Myerson
  • Publication number: 20150187003
    Abstract: Example embodiments include a method and system for managing intraday risk conditions. Data transaction specific data messages transmitted over a data communications network from a plurality of source nodes trading an article of trade with a plurality of destination nodes are processed. The messages include account parameter information. Intraday risk condition data is associated in memory with entity identification data associated with an entity. Using the entity identification data, account parameter information included in the processed data transaction specific data messages is identified that matches the intraday risk condition data for the entity. In response to an identified match, a data transaction involving the entity submitted via a communication session to a corresponding one of the plurality of destination nodes is modified to reduce intraday risk for the entity associated with the data transaction.
    Type: Application
    Filed: July 17, 2014
    Publication date: July 2, 2015
    Inventors: Lee COLE, Douglas Guy KITTELSEN, Malcolm Gary LAFEVER, Ted Nathan MYERSON
  • Patent number: 8788396
    Abstract: In at least one embodiment, a method and system associated with financial articles of trade may include comparing relevant portions of data pertaining to an attempted transaction, wherein the transaction may pertain to one in which an entity is financially liable but unaware. At least one embodiment includes monitoring market transaction activity data to determine when a trading entity has exceeded an aggregated limit, such as one or more trading sub-limits corresponding to one or more custodial prime brokers facilitating trading for the trading entity. At least one embodiment includes a pre-trade gateway to determine if an order violates a pre-trade risk based on information collected by a front-end analyzer. Possible actions include, but are not limited to, placing a null order, terminating a connection associated with the order, modifying the order so as not to violate a pre-trade risk check, and/or notifications to one or more entities.
    Type: Grant
    Filed: August 31, 2010
    Date of Patent: July 22, 2014
    Assignee: FTEN, Inc.
    Inventors: Lee Arthur Cole, Douglas Guy Kittelsen, Malcolm Gary Lafever, Ted Nathan Myerson
  • Publication number: 20140089211
    Abstract: An apparatus can include: a defined contact module configured to run on at least one processor and further configured to allow a borrower to identify approved communications mechanisms, the approved communications mechanisms comprise allowed methods of communication from one or more creditors to the borrower; a legal notification generation module configured to run on the at least one processor and further configured to generate one or more appropriate legal notifications to the one or more creditors based upon the approved communications mechanisms; a legal notification delivery module configured to run on at least one processor and further configured to facilitate the delivery of the one or more appropriate legal notifications to the one or more creditors using a traceable mechanism; and a communications module configured to run on the at least one processor and further configured to facilitate and store synchronous or asynchronous communications between the borrower and the one or more creditors using the
    Type: Application
    Filed: September 26, 2013
    Publication date: March 27, 2014
    Applicant: EvenUp Inc.
    Inventor: Douglas Guy Kittelsen
  • Patent number: 8489496
    Abstract: To process financial articles of trade and manage risk, data messages originating from a plurality of sources arranged to trade at least one of securities, commodities, options, futures and derivatives are collected. The collected data including information on submitted transactions and completed transactions of financial articles of trade. The collected data is analyzed against established user criteria to identify select portions of the collected data. If a match is detected a risk alert signal will be transmitted.
    Type: Grant
    Filed: February 1, 2012
    Date of Patent: July 16, 2013
    Assignee: FTEN, Inc.
    Inventors: Corby Drake Angle, Douglas Guy Kittelsen, Malcolm Gary Lafever, Ted Nathan Myerson, Anandan Murali Prasad
  • Patent number: 8433641
    Abstract: To process financial articles of trade, real time data is collected from a plurality of liquidity destinations in trading at least one of securities, commodities, options, futures and derivatives, the real time data including information on submitted transactions of financial articles of trade. The real time data collected from the plurality of liquidity destinations is aggregated. The real time data is streamed in a standardized form. User criteria are established to identify relevant portions of the streamed real time data. The streamed real time data is analyzed according to the user criteria. The analyzed real time data is consolidated into a computer data base.
    Type: Grant
    Filed: April 22, 2011
    Date of Patent: April 30, 2013
    Assignee: Ften, Inc.
    Inventors: Corby Drake Angle, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson, Anandan Murali Prasad
  • Publication number: 20120203682
    Abstract: To process financial articles of trade and manage risk, data messages originating from a plurality of sources arranged to trade at least one of securities, commodities, options, futures and derivatives are collected. The collected data including information on submitted transactions and completed transactions of financial articles of trade. The collected data is analyzed against established user criteria to identify select portions of the collected data. If a match is detected a risk alert signal will be transmitted.
    Type: Application
    Filed: February 1, 2012
    Publication date: August 9, 2012
    Applicant: FTEN, Inc.
    Inventors: Corby Drake ANGLE, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson, A. M. Prasad
  • Patent number: 8010442
    Abstract: To process financial articles of trade, real time data is collected from a plurality of liquidity destinations in trading at least one of securities, commodities, options, futures and derivatives, the real time data including information on submitted transactions of financial articles of trade. The real time data collected from the plurality of liquidity destinations is aggregated. The real time data is streamed in a standardized form. User criteria are established to identify relevant portions of the streamed real time data. The streamed real time data is analyzed according to the user criteria. The analyzed real time data is consolidated into a computer data base.
    Type: Grant
    Filed: July 15, 2010
    Date of Patent: August 30, 2011
    Assignee: FTEN, Inc.
    Inventors: Corby Drake Angle, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson, Anandan Murali Prasad
  • Publication number: 20110202447
    Abstract: To process financial articles of trade, real time data is collected from a plurality of liquidity destinations in trading at least one of securities, commodities, options, futures and derivatives, the real time data including information on submitted transactions of financial articles of trade. The real time data collected from the plurality of liquidity destinations is aggregated. The real time data is streamed in a standardized form. User criteria are established to identify relevant portions of the streamed real time data. The streamed real time data is analyzed according to the user criteria. The analyzed real time data is consolidated into a computer data base.
    Type: Application
    Filed: April 22, 2011
    Publication date: August 18, 2011
    Applicant: FTEN, Inc.
    Inventors: Corby Drake Angle, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson, A. M. Prasad
  • Publication number: 20110166982
    Abstract: In at least one embodiment, a method and system associated with financial articles of trade may include comparing relevant portions of data pertaining to an attempted transaction, wherein the transaction may pertain to one in which an entity is financially liable but unaware. At least one embodiment includes monitoring market transaction activity data to determine when a trading entity has exceeded an aggregated limit, such as one or more trading sub-limits corresponding to one or more custodial prime brokers facilitating trading for the trading entity. At least one embodiment includes a pre-trade gateway to determine if an order violates a pre-trade risk based on information collected by a front-end analyzer. Possible actions include, but are not limited to, placing a null order, terminating a connection associated with the order, modifying the order so as not to violate a pre-trade risk check, and/or notifications to one or more entities.
    Type: Application
    Filed: August 31, 2010
    Publication date: July 7, 2011
    Applicant: FTEN, INC.
    Inventors: Lee Cole, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson
  • Publication number: 20110161220
    Abstract: The present invention relates to systems and methods for monitoring market transaction activity data to determine when a trading entity has exceeded an aggregated limit consisting of one or more trading sub-limits corresponding to one or more custodial prime brokers facilitating trading for the trading entity. The method includes collecting at a centralized hub real time data related to conditions of a trading market from one or more liquidity destinations trading at least one financial article of trade. Trading activity for a trading entity is determined. An aggregate trading limit is determined that is based on one or more trading sub-limits assigned by one or more prime brokers for that trading entity. It is determined when that trading activity exceeds the aggregate trading limit.
    Type: Application
    Filed: October 28, 2010
    Publication date: June 30, 2011
    Applicant: FTEN, Inc.
    Inventors: Lee Arthur Cole, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson
  • Publication number: 20100280939
    Abstract: A method of processing financial articles of trade is provided. The method includes collecting real time data from a plurality of liquidity destinations in trading at least one of securities, commodities, options, futures and derivatives, the real time data including information on submitted transactions of financial articles of trade. The real time data collected from the plurality of liquidity destinations is aggregated. The real time data is streamed in a standardized form. User criteria are established to identify relevant portions of the streamed real time data. The streamed real time data is analyzed according to the user criteria. The analyzed real time data is consolidated into a computer data base.
    Type: Application
    Filed: July 15, 2010
    Publication date: November 4, 2010
    Applicant: FTEN, INC.
    Inventors: Corby Drake Angle, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson, A. M. Prasad
  • Patent number: 7778915
    Abstract: A method of processing financial articles of trade is provided. The method includes collecting real time data from a plurality of liquidity destinations in trading at least one of securities, commodities, options, futures and derivatives, the real time data including information on submitted transactions of financial articles of trade. The real time data collected from the plurality of liquidity destinations is aggregated. The real time data is streamed in a standardized form. User criteria are established to identify relevant portions of the streamed real time data. The streamed real time data is analyzed according to the user criteria. The analyzed real time data is consolidated into a computer data base.
    Type: Grant
    Filed: September 30, 2004
    Date of Patent: August 17, 2010
    Assignee: FTEN, Inc.
    Inventors: Corby Drake Angle, Douglas Guy Kittelsen, Malcolm Gary LaFever, Ted Nathan Myerson, Anandan Murali Prasad