Patents by Inventor Francis X. Shields

Francis X. Shields 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: 8032461
    Abstract: A system and method for facilitating, coordinating and managing the operation of a competitive marketplace via the Internet. The system and method collect bids for market services from a plurality of customers, calculators a clearing piece for the market service and calculates settlement information based on the clearing piece calculated and the bids collected.
    Type: Grant
    Filed: July 27, 2006
    Date of Patent: October 4, 2011
    Assignee: Accenture Global Services Limited
    Inventors: Larry A. Winter, Francis X. Shields, Robert L. Northcutt
  • Patent number: 7835973
    Abstract: A spot market clearing house for clearing spot market trades. The spot market clearing house may receive data indicative of settlement for the spot market trades of a participant in a single spot market or in multiple spot markets. The data may include data indicative of initial settlement and data indicative of revised settlement amounts. The spot market clearing house may further determine performance bonds amounts based on daily exposures of the participant in the single spot market or multiple spot markets. The spot market clearing house may manage fund transfers to clear trades of the participant and to satisfy performance bond amounts.
    Type: Grant
    Filed: February 26, 2004
    Date of Patent: November 16, 2010
    Assignee: Accenture Global Services Limited
    Inventors: Francis X. Shields, Todd W. Bessemer, Mark A. Ruane
  • Publication number: 20090187501
    Abstract: A system and method for facilitating, coordinating and managing the operation of a competitive marketplace via the Internet. The system and method collect bids for market services from a plurality of customers, calculators a clearing piece for the market service and calculates settlement information based on the clearing piece calculated and the bids collected.
    Type: Application
    Filed: March 3, 2009
    Publication date: July 23, 2009
    Inventors: Larry A. WINTER, Francis X. Shields, Robert L. Northcutt
  • Patent number: 7085739
    Abstract: A system and method for facilitating, coordinating and managing the operation of a competitive marketplace via the Internet. The system and method collect bids for market services from a plurality of customers, calculators a clearing piece for the market service and calculates settlement information based on the clearing piece calculated and the bids collected.
    Type: Grant
    Filed: October 20, 1999
    Date of Patent: August 1, 2006
    Assignee: Accenture LLP
    Inventors: Larry A. Winter, Francis X. Shields, Robert L. Northcutt