Donald A MacLean

Title: The Innovations of Donald A. MacLean

Introduction

Donald A. MacLean is a notable inventor based in Long Island City, NY (US). He has made significant contributions to the field of finance and investment through his innovative patents. With a total of 2 patents, MacLean has developed systems that enhance the management of financial indices and futures.

Latest Patents

One of his latest patents is titled "System and method for providing an index linked to separately managed accounts." This system comprises a memory that stores a master index based on a separately managed account (SMA) index and a market index. The processor within the system updates weights associated with both indices to maintain an accurate master index. Another significant patent is "System and method for providing a trust associated with long positions in index futures." This invention involves a system that manages market data and allows for the buying of index futures held as long positions in a trust, facilitating the issuance of trust receipts that are publicly traded.

Career Highlights

Throughout his career, MacLean has worked with prominent financial institutions, including Merrill Lynch, Co., Inc. and Merrill Lynch & Company, Inc. His experience in these companies has contributed to his expertise in financial systems and innovations.

Collaborations

MacLean has collaborated with notable professionals in his field, including Satyanarayan Chada and Kaushik K. Suchak. These collaborations have likely enriched his work and led to further advancements in his inventions.

Conclusion

Donald A. MacLean's contributions to the field of finance through his patents demonstrate his innovative spirit and expertise. His work continues to influence the management of financial indices and futures, showcasing the importance of innovation in the financial sector.