Company Filing History:
Years Active: 2018-2021
Title: Douglas J Magnolia: Innovator in Investment Platforms
Introduction
Douglas J Magnolia is an accomplished inventor based in New York, NY (US). He has made significant contributions to the field of investment technology, holding three patents that showcase his innovative approach to financial platforms.
Latest Patents
Magnolia's latest patents focus on systems and methods for implementing a platform for investing. One of his notable inventions involves a process where a request is received from a customer via an interface. This request indicates a social media stream associated with the customer that is to be monitored for instances of investment triggering content (ITC). The customer's account is configured based on this request, allowing for the monitoring of the social media stream. When an instance of ITC is detected, a specified amount is withdrawn from the customer's account to purchase shares of an investment fund on their behalf. Another patent outlines a similar platform that enables customers to purchase shares of investment funds using a balance in a closed-loop stored-value account or a financial account. This system allows for periodic or automatic withdrawals to fund purchases triggered by specific content or activity in the customer's social media stream.
Career Highlights
Douglas J Magnolia is currently employed at The Bank of New York Mellon Corporation, where he continues to develop innovative financial solutions. His work has significantly impacted how customers engage with investment opportunities through technology.
Collaborations
Magnolia collaborates with Jennifer C Cole, a coworker who shares his passion for advancing investment technology. Together, they work on projects that aim to enhance customer experience in the financial sector.
Conclusion
Douglas J Magnolia is a pioneering inventor whose work in investment platforms is shaping the future of financial technology. His patents reflect a commitment to innovation and improving customer engagement in investment processes.