Company Filing History:
Years Active: 2022
Title: Anil Terli: Innovator in General Ledger Processing
Introduction
Anil Terli is a notable inventor based in Basking Ridge, NJ (US). He has made significant contributions to the field of financial technology, particularly in the area of general ledger processing. His innovative approach has led to the development of a unique system that enhances the efficiency and customization of financial data management.
Latest Patents
Anil Terli holds a patent for a "System and method for general ledger processing." This invention relates to a computer-implemented system designed for scalable and customized general ledger processing. The method includes receiving client requests for customized charts of accounts (COAs) tailored to specific time frames. These customized COAs incorporate client-specific data along with third-party reference data. The system is capable of automatically receiving source information, including position data and transaction data, from multiple sources. It utilizes a distributed computer architecture, such as Hadoop, for parallel storage and processing of the source information across various nodes. The system can generate debit and credit postings from the source information, consolidate these postings into the customized COAs, and deliver them to clients according to their preferred schedules, including real-time or near real-time delivery.
Career Highlights
Anil Terli is currently employed at JPMorgan Chase Bank, N.A., where he applies his expertise in financial technology. His work focuses on improving the efficiency of financial processes through innovative solutions. His contributions have been instrumental in advancing the bank's capabilities in managing complex financial data.
Collaborations
Anil has collaborated with several talented professionals, including Matthew Yazdi and Laura Michelle Miller. These collaborations have fostered a creative environment that encourages innovation and the development of cutting-edge solutions in financial technology.
Conclusion
Anil Terli is a distinguished inventor whose work in general ledger processing has made a significant impact in the financial technology sector. His innovative solutions continue to enhance the efficiency and customization of financial data management.