Patents by Inventor Mukesh Chatter

Mukesh Chatter 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: 8762221
    Abstract: A system platform and associated methods are provided for implementing online reverse auctions in a social network platform (SNP). A fully-automated, live, reverse-auction based system is integrated into an SNP to enable buyers to initiate desired transactions and take advantage of a subscribers' network of friends, colleagues, co-workers, family members and connections by connecting buyers and sellers in a non-intrusive, targeted fashion. Sellers compete for buyers' business by providing dynamic, real-time seller-specific pricing while simultaneously optimizing the seller's target parameters such as price, inventory levels, profit, revenue and volume.
    Type: Grant
    Filed: November 17, 2010
    Date of Patent: June 24, 2014
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter, Shiao-Bin Soong
  • Publication number: 20140019257
    Abstract: A method of communications network shopping by buyers of products and services for purchasing such from sellers in which buyers request an automatic reverse auctioneer or auction controller to initiate a reverse auction in real time amongst willing sellers and to it their automatic real-time iterative bidding price quotations for such products and services to be returned automatically over the network back to the controller under the iterative processing guidance of the controller to assure a best bid price quotation for the buyer; and automatically effecting buyer notification or purchase at such best price, all while the buyer may remain online, and without any manual intervention.
    Type: Application
    Filed: July 29, 2013
    Publication date: January 16, 2014
    Applicant: Peak Silver Advisors, LLC
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter
  • Publication number: 20130311320
    Abstract: A method of communications network shopping by buyers of products and services for purchasing such from sellers in which buyers request an automatic reverse auctioneer or auction controller to initiate a reverse auction in real time amongst willing sellers and to it their automatic real-time iterative bidding price quotations for such products and services to be returned automatically over the network back to the controller under the iterative processing guidance of the controller to assure a best bid price quotation for the buyer; and automatically effecting buyer notification or purchase at such best price, all while the buyer may remain online, and without any manual intervention.
    Type: Application
    Filed: July 29, 2013
    Publication date: November 21, 2013
    Applicant: Peak Silver Advisors, LLC
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter
  • Publication number: 20130311351
    Abstract: Embodiments of the invention provide an innovative, fully-automated system that facilitates the buying and selling of debt-based derivatives and other assets. The techniques described herein eliminate opaqueness, inefficiencies, and lack of risk monitoring and provide an end-to-end, highly efficient reverse-auction platform that considers many aspects of risk control and other parameters. This is accomplished while computing a true CDS price by incorporating reference entity, primary and secondary insurance company default risks. Furthermore, the reference entity pricing model decouples the borrower from the entity issuing the debt and eliminates rating inflation due to digital discontinuity.
    Type: Application
    Filed: July 22, 2013
    Publication date: November 21, 2013
    Applicant: Peak Silver Advisors, LLC
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Publication number: 20130297428
    Abstract: An Internet system for and method of automatic optimizing quantitative business objectives of sellers (advertisers) with synergistic pricing, promotions and advertisements, while simultaneously minimizing expenditure and discovery and optimizing allocation of advertising channels that optimize such objectives.
    Type: Application
    Filed: June 24, 2013
    Publication date: November 7, 2013
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: 8577745
    Abstract: A method of communications network shopping by buyers of products and services for purchasing such from sellers in which buyers request an automatic reverse auctioneer or auction controller to initiate a reverse auction in real time amongst willing sellers and to solicit their automatic real-time iterative bidding price quotations for such products and services to be returned automatically over the network back to the controller under the iterative processing guidance of the controller to assure a best bid price quotation for the buyer; and automatically effecting buyer notification or purchase at such best price, all while the buyer may remain on-line, and without any manual intervention.
    Type: Grant
    Filed: March 3, 2010
    Date of Patent: November 5, 2013
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter
  • Patent number: 8521566
    Abstract: Embodiments of the invention provide an innovative, fully-automated system that facilitates the buying and selling of debt-based derivatives and other assets. The techniques described herein eliminate opaqueness, inefficiencies, and lack of risk monitoring and provide an end-to-end, highly efficient reverse-auction platform that considers many aspects of risk control and other parameters. This is accomplished while computing a true CDS price by incorporating reference entity, primary and secondary insurance company default risks. Furthermore, the reference entity pricing model decouples the borrower from the entity issuing the debt and eliminates rating inflation due to digital discontinuity.
    Type: Grant
    Filed: September 29, 2009
    Date of Patent: August 27, 2013
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: 8522270
    Abstract: An Internet system for and method of automatic optimizing quantitative business objectives of sellers (advertisers) with synergistic pricing, promotions and advertisements, while simultaneously minimizing expenditure and discovery and optimizing allocation of advertising channels that optimize such objectives.
    Type: Grant
    Filed: October 16, 2007
    Date of Patent: August 27, 2013
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: 8301544
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Grant
    Filed: December 10, 2010
    Date of Patent: October 30, 2012
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: 8219483
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions and/or price quotations over the Internet and the like for purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Grant
    Filed: May 31, 2011
    Date of Patent: July 10, 2012
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Publication number: 20110231228
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions and/or price quotations over the Internet and the like for purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Application
    Filed: May 31, 2011
    Publication date: September 22, 2011
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Publication number: 20110125605
    Abstract: A system platform and associated methods are provided for implementing online reverse auctions in a social network platform (SNP). A fully-automated, live, reverse-auction based system is integrated into an SNP to enable buyers to initiate desired transactions and take advantage of a subscribers' network of friends, colleagues, co-workers, family members and connections by connecting buyers and sellers in a non-intrusive, targeted fashion. Sellers compete for buyers' business by providing dynamic, real-time seller-specific pricing while simultaneously optimizing the seller's target parameters such as price, inventory levels, profit, revenue and volume.
    Type: Application
    Filed: November 17, 2010
    Publication date: May 26, 2011
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter, Shiao-Bin Soong
  • Patent number: 7945509
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Grant
    Filed: December 10, 2010
    Date of Patent: May 17, 2011
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Publication number: 20110112924
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Application
    Filed: December 10, 2010
    Publication date: May 12, 2011
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Publication number: 20110112923
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Application
    Filed: December 10, 2010
    Publication date: May 12, 2011
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: 7895116
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for the purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Grant
    Filed: July 25, 2007
    Date of Patent: February 22, 2011
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: 7778882
    Abstract: A method of communications network shopping by buyers of products and services for purchasing such from sellers in which buyers request an automatic reverse auctioneer or auction controller to initiate a reverse auction in real time amongst willing sellers and to solicit their automatic real-time iterative bidding price quotations for such products and services to be returned automatically over the network back to the controller under the iterative processing guidance of the controller to assure a best bid price quotation for the buyer; and automatically effecting buyer notification or purchase at such best price, all while the buyer may remain on-line, and without any manual intervention.
    Type: Grant
    Filed: March 3, 2006
    Date of Patent: August 17, 2010
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter
  • Publication number: 20100191580
    Abstract: A method of communications network shopping by buyers of products and services for purchasing such from sellers in which buyers request an automatic reverse auctioneer or auction controller to initiate a reverse auction in real time amongst willing sellers and to solicit their automatic real-time iterative bidding price quotations for such products and services to be returned automatically over the network back to the controller under the iterative processing guidance of the controller to assure a best bid price quotation for the buyer; and automatically effecting buyer notification or purchase at such best price, all while the buyer may remain on-line, and without any manual intervention.
    Type: Application
    Filed: March 3, 2010
    Publication date: July 29, 2010
    Inventors: Mukesh Chatter, Rohit Goyal, Priti Chatter
  • Publication number: 20100169126
    Abstract: Embodiments of the invention provide an innovative, fully-automated system that facilitates the buying and selling of debt-based derivatives and other assets. The techniques described herein eliminate opaqueness, inefficiencies, and lack of risk monitoring and provide an end-to-end, highly efficient reverse-auction platform that considers many aspects of risk control and other parameters. This is accomplished while computing a true CDS price by incorporating reference entity, primary and secondary insurance company default risks. Furthermore, the reference entity pricing model decouples the borrower from the entity issuing the debt and eliminates rating inflation due to digital discontinuity.
    Type: Application
    Filed: September 29, 2009
    Publication date: July 1, 2010
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong
  • Patent number: RE44738
    Abstract: An improved seller automated engine architecture methodology particularly (though not exclusively) for use in automated real-time iterative reverse auctions over the Internet and the like for the purchase and sale of goods and services, providing a choice of architectural implementations while enabling price optimization on market share-directed considerations, specific sales target-directed implementations, seller utility derivative-following implementations, model optimizer implementations and explorations, mathematical optimization-oriented and rules-based implementations.
    Type: Grant
    Filed: February 8, 2013
    Date of Patent: January 28, 2014
    Inventors: Mukesh Chatter, Rohit Goyal, Shiao-bin Soong