This inventor holds 4 USPTO granted patents, plus 1 CIPO patent. Top assignee: The Toronto-Dominion Bank. Active years: 2021-2023.
Company Filing History:
Years Active: 2021-2023
Title: Innovations of Derek Murray Payne
Introduction
Derek Murray Payne is an accomplished inventor based in Oakville, Canada. He has made significant contributions to the field of data analysis and risk management through his innovative patents. With a total of 4 patents, his work focuses on enhancing the efficiency of information identification and risk assessment for various entities.
Latest Patents
Derek's latest patents include "Methods and devices for identifying relevant information for a first entity." This patent outlines a process that involves analyzing data exchange database records to determine the sector associated with a first entity. It further details how to compare data baselines and notify the first entity of relevant information through a communication module. Another notable patent is "Methods and devices for determining, and identifying information to manage, a level of risk of a first entity." This invention provides a framework for analyzing data records to establish a benchmark index for a sector and rank the first entity against other entities, ultimately determining the level of risk and contribution amount for the first entity.
Career Highlights
Derek is currently employed at The Toronto-Dominion Bank, where he applies his expertise in data analysis and risk management. His role involves leveraging his patented methods to enhance the bank's operational efficiency and risk assessment capabilities.
Collaborations
Derek collaborates with talented professionals such as Julie Elizabeth Hawthorne and Jonathan Robert Curran. Their combined efforts contribute to the innovative environment at The Toronto-Dominion Bank.
Conclusion
Derek Murray Payne's contributions to the field of data analysis and risk management through his patents demonstrate his commitment to innovation. His work not only enhances operational efficiency but also provides valuable insights for managing risks in various sectors.