This inventor holds 6 USPTO granted patents and 1 published patent application. Top assignees: D12 Ventures, LLC, Diz Ventures, M7ventures, LLC. Active years: 2010-2014.
Location History:
- Evanston, IL (US) (2010 - 2012)
- Evanston, PA (US) (2013 - 2014)
Company Filing History:
Years Active: 2010-2014
Title: George Tedesche Simon: Innovator in Transfer Fee Processing
Introduction
George Tedesche Simon is an accomplished inventor based in Evanston, IL (US). He holds a total of 6 patents that showcase his innovative contributions to the field of transfer fee processing. His work has significantly impacted the way financial transactions are managed, particularly in the context of securities.
Latest Patents
Among his latest patents is a system, method, and program product for unit transfer fee processing. This invention involves accessing Transfer Fee data to be paid to a third party that is not the borrower or the lender in a repurchase agreement transaction of a security. The method includes calculating an amount of a Transfer Fee for the right to loan or repo the security, generating data for debiting an account or sending a bill for the Transfer Fee, and updating the database with relevant data. Another notable patent focuses on a similar process, emphasizing the importance of managing revenue from Transfer Fees and ensuring accurate updates to the database.
Career Highlights
George has worked with several companies throughout his career, including D12 Ventures, LLC and M7 Ventures, LLC. His experience in these organizations has allowed him to refine his skills and contribute to innovative projects that enhance financial processes.
Collaborations
George has collaborated with notable individuals in the industry, including Mark Steven Criscitello and John Stuart Thomas. These partnerships have fostered a creative environment that has led to the development of impactful inventions.
Conclusion
George Tedesche Simon is a prominent inventor whose work in transfer fee processing has made significant strides in the financial sector. His patents reflect a commitment to innovation and efficiency in managing complex transactions.