This inventor holds 2 USPTO granted patents, plus 2 CIPO patents. Top assignee: Verticlear, Inc.. Active years: 2012-2013.
Location History:
- Ladera Ranch, CA (2012)
- Ladera Ranch, CA (US) (2013)
Company Filing History:
Years Active: 2012-2013
Title: Eric Jonathan Stoop: Innovator in Trade Record Compression
Introduction
Eric Jonathan Stoop is a notable inventor based in Ladera Ranch, CA (US). He has made significant contributions to the field of trade-related technologies, holding 2 patents that focus on improving the efficiency of trade record management.
Latest Patents
One of his latest patents is titled "Systems and methods for compression of trade-related records." This invention provides a computer system and process for trading entities to compress trade records while simplifying the reconciliation process. The advantage of this system is that compressed trade records are processed by a custodian firm, while uncompressed reconciliation data are handled by a central counterparty. Additionally, the system allows for compression across markets, which increases the pool of eligible trade records for compression. This innovation ultimately reduces fees paid by trading firms and minimizes the amount of data transmitted.
Career Highlights
Eric Jonathan Stoop is currently employed at Verticlear, Inc., where he continues to develop innovative solutions in the trading sector. His work focuses on enhancing the efficiency and effectiveness of trade record management systems.
Collaborations
Throughout his career, Eric has collaborated with talented individuals such as Liam Cheung and Mohamed Hirani. These partnerships have contributed to the advancement of his projects and innovations.
Conclusion
Eric Jonathan Stoop is a prominent inventor whose work in trade record compression is paving the way for more efficient trading systems. His contributions are significant in the realm of financial technology, and his patents reflect his commitment to innovation.