Ann McCormick

Title: Ann McCormick: Innovator in Trade Document Technology

Introduction

Ann McCormick is a notable inventor based in Portland, ME (US). She has made significant contributions to the field of trade document technology, holding a total of 4 patents. Her work focuses on enhancing communication and preventing restricted transactions through innovative systems.

Latest Patents

One of her latest patents is titled "Enhancing communications based on physical trade documents." This system includes a document intake machine that comprises a document scanner and a data extractor. The machine receives a physical trade document and scans it to create an electronic file. The data extractor then determines entity identification and performance information from this electronic file. A trade executing machine assigns an electronic customer number to the file, indexing it according to the customer number and performance information.

Another significant patent is "Preventing restricted trades using physical documents." This system also utilizes a document intake machine to scan physical trade documents. The data extractor identifies trade terms and compares them to a database of restricted terms. If a match is found, the trade executing machine flags the transaction as potentially restricted and communicates a notification to the entity involved.

Career Highlights

Ann McCormick is currently employed at Bank of America Corporation, where she continues to innovate in the field of trade document technology. Her work has been instrumental in improving the efficiency and security of trade transactions.

Collaborations

Some of her notable coworkers include Gary Ford and Mark D Zanzot, who contribute to her projects and innovations.

Conclusion

Ann McCormick is a pioneering inventor whose work in trade document technology has led to significant advancements in communication and transaction security. Her contributions are shaping the future of trade processes and enhancing operational efficiency.