SECURITY RECEIPTS MANAGEMENT SYSTEM

Patent №

US 7,970,675

Granted

2011-06-28

Filed 2007

Owner

MERRILL LYNCH & CO., INC.

Lab

AI components

2

planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

11712859

A computer system for managing, creating, and support of a novel investment instrument, known as a Security Receipt. This receipt provides translation of ownership of plural underlying securities to the holder of the receipt in a seamless and efficient way. The system permits enhanced security creation, and orderly support to facilitate liquidity and market trading of the Security Receipt.

AI classification

Planning1.00
AI hardware0.89
Evolutionary computation0.47
Knowledge representation0.10
Natural language0.01
Machine learning0.00
Speech0.00
Vision0.00

Ownership

MERRILL LYNCH & CO., INC.

assignment · 248150426

Assignors

BODURTHA, STEPHEN G., CHADA, SATYANARAYAN, COX, MITCHELL M., LEE, THOMAS W.

On an employer assignment, the assignors are typically the inventors.

From the same owner

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