Anthony R Carlino

Title: Innovations of Anthony R Carlino

Introduction

Anthony R Carlino is an accomplished inventor based in Arlington, VA (US). He holds a total of four patents, showcasing his expertise in developing innovative solutions in the financial technology sector. His work primarily focuses on methods and systems for managing funds in custodial deposit accounts.

Latest Patents

One of his latest patents is a method, system, and computer program product for managing funds in custodial deposit accounts. This invention provides a comprehensive approach to managing aggregate funds held in custodial deposit accounts by a custodial agent on behalf of multiple individuals. The custodial deposit accounts consist of an omnibus transaction account (Omnibus TA) and an omnibus money market deposit account (Omnibus MMDA). Each individual has a corresponding transaction account (Individual TA) and money market deposit account (Individual MMDA) that represent their funds deposited in the Omnibus TA and Omnibus MMDA, respectively. The invention also includes limitations on transfers between these accounts, managed through daily allocation of funds.

Career Highlights

Throughout his career, Anthony has worked with notable companies, including Promontory Interfinancial Network, LLC. His experience in these organizations has contributed to his understanding of financial systems and the development of his innovative patents.

Collaborations

Some of his coworkers include Douglas E Phillips and Robert N Hyland, who have likely contributed to his projects and innovations in the field.

Conclusion

Anthony R Carlino's contributions to the field of financial technology through his patents demonstrate his commitment to innovation and improving fund management systems. His work continues to influence the industry and pave the way for future advancements.