Company Filing History:
Years Active: 2007-2009
Title: Duane James Block: Innovator in Investment Account Transfers
Introduction
Duane James Block is a notable inventor based in Chicago, IL (US). He has made significant contributions to the field of financial technology, particularly in the area of investment account transfers. With a total of 2 patents to his name, Block's work is focused on improving the efficiency and reliability of financial transactions.
Latest Patents
One of Duane Block's latest patents is a system and method for facilitating investment account transfers. This invention aims to decrease the time standard for reliably accomplishing a transfer. The system includes an administrator, a rules engine, a service case manager, and a messaging engine. The administrator is designed to receive transfer requests and initiate transfer cases. It collaborates with the rules engine to manage the transfer case according to a set of business rules. The service case manager receives service cases from the administrator and executes specific business processes. Finally, the messaging engine transmits messages to relevant parties at appropriate times, ensuring a smooth transfer process.
Career Highlights
Duane Block is currently employed at Ameriprise Financial, Inc., where he applies his innovative ideas to enhance financial services. His work has been instrumental in streamlining investment account transfers, making them more efficient for users.
Collaborations
Throughout his career, Duane has collaborated with notable colleagues, including Gail Jean Dexter and Paul Eric Krieger. These partnerships have contributed to the development of his innovative solutions in the financial sector.
Conclusion
Duane James Block is a prominent inventor whose work in facilitating investment account transfers has made a significant impact in the financial technology industry. His innovative systems are paving the way for more efficient financial transactions.