Derek N Stein

Title: The Innovative Contributions of Derek N Stein

Introduction

Derek N Stein is a notable inventor based in Larchmont, NY (US). He has made significant contributions to the field of financial services through his innovative patent. His work focuses on enhancing the relationships between financial services providers and their clients, as well as third-party entities.

Latest Patents

Derek holds a patent for a system titled "Distributed architecture utility." This invention provides a comprehensive framework for integrating and structuring the relationships of a financial services provider (FSP) with its clients and counterparties. The system assigns unique, non-intelligent identifiers (CCIDs) to each entity involved in transactions, facilitating seamless access to information and business transactions. Additionally, it includes a library for document management and a tracking system to ensure that necessary documents are executed and returned as required.

Career Highlights

Derek is currently employed at Merrill, Lynch, Pierce, Fenner & Smith, where he applies his expertise in financial services. His innovative approach has contributed to the efficiency and effectiveness of the services provided by the company.

Collaborations

Derek has worked alongside notable colleagues such as Arthur L Thomas and Mark Alexander, contributing to a collaborative environment that fosters innovation and creativity.

Conclusion

Derek N Stein's contributions to the field of financial services through his patent demonstrate his commitment to innovation and efficiency. His work continues to impact the way financial services providers interact with clients and third parties.