This inventor holds 4 USPTO granted patents. Top assignee: Island Intellectual Property LLC. Active years: 2012-2014.
Company Filing History:
Years Active: 2012-2014
Title: Arthur T Bent, III: Innovator in Public Deposit Investment Systems
Introduction
Arthur T Bent, III is a notable inventor based in New York, NY (US). He has made significant contributions to the field of financial technology, particularly in the area of public deposit investment systems. With a total of 4 patents to his name, Bent has developed innovative methods that enhance the management of municipal and state funds.
Latest Patents
One of his latest patents is a system and method for investing public deposits. This invention outlines a method, system, and program product for operating an exchange method for municipal and/or state funds from banking institutions. The process involves accessing electronic databases that hold data on client transaction accounts and funds in aggregated accounts. It also includes obtaining transaction data, generating instructions to deposit or transfer funds, and selecting banking institutions to manage these funds effectively.
Another patent under his name is similar in nature, focusing on the same principles of managing municipal and state funds through a structured exchange method. This innovation aims to streamline the process of transferring funds between banking institutions while ensuring compliance with federal regulations.
Career Highlights
Arthur T Bent, III is currently associated with Island Intellectual Property LLC, where he continues to develop and refine his innovative ideas. His work has been instrumental in shaping the landscape of public fund management, making it more efficient and secure.
Collaborations
Bent collaborates with Bruce Bent, who is also a prominent figure in the field of intellectual property and financial technology. Their partnership has led to the development of several groundbreaking solutions that address the complexities of public fund investments.
Conclusion
Arthur T Bent, III is a distinguished inventor whose work in public deposit investment systems has made a significant impact on the financial industry. His innovative patents and collaborations continue to pave the way for advancements in managing municipal and state funds.