Company Filing History:
Years Active: 2013-2025
Title: The Innovations of Frederick Sturm
Introduction
Frederick Sturm is a notable inventor based in Chicago, Illinois. He has made significant contributions to the field of electronic transaction processing systems, holding a total of 18 patents. His work focuses on optimizing data processing resources, which is crucial in today's fast-paced financial environments.
Latest Patents
One of Sturm's latest patents is titled "Minimization of the consumption of data processing resources in an electronic transaction processing system via selective premature settlement of products transacted thereby based on a series of related products." This patent describes an exchange computing system that selectively expires financial instruments to conserve resources. The system recognizes the need to facilitate trading while managing the resources consumed by tracking positions and providing pricing data. By allowing for early settlement of contracts, the system can significantly reduce the load on exchange resources.
Another recent patent is "Compression of an exchange traded derivative portfolio." This invention involves a computing device that processes a data structure capable of being compressed. The device organizes data elements in a date order, identifies gaps, and removes them to optimize the data structure. This innovative approach enhances the efficiency of managing exchange-traded derivatives.
Career Highlights
Frederick Sturm is currently employed at the Chicago Mercantile Exchange Inc., where he applies his expertise in electronic transaction systems. His work has been instrumental in developing solutions that improve the efficiency of financial transactions. Sturm's innovative mindset and technical skills have positioned him as a key player in the industry.
Collaborations
Sturm has collaborated with notable colleagues such as James Joseph Boudreault and Edmund Carey. These partnerships have fostered an environment of innovation and have contributed to the development of advanced technologies in the financial sector.
Conclusion
Frederick Sturm's contributions to electronic transaction processing systems exemplify the importance of innovation in the financial industry. His patents reflect a commitment to enhancing efficiency and resource management, making a lasting impact on the field.