Company Filing History:
Years Active: 2012-2019
Title: Gerald B. Drayer: Innovator in Post-Trade Aggregation Systems
Introduction
Gerald B. Drayer, based in Lake Grove, NY, is a distinguished inventor with an impressive portfolio of five patents. His contributions to the field of financial technology, particularly in post-trade aggregation systems, reflect a deep understanding of both innovation and practical application in trading environments.
Latest Patents
Drayer's latest patents showcase his expertise in developing advanced systems for trade aggregation. One significant patent is an apparatus and method for trade aggregation of trade allocations and settlements, which introduces a post-trade aggregation system for financial instruments. This innovative approach allows traders to manage a variety of trade orders executed by multiple brokers on behalf of customers through a sophisticated data interface system. By merging trade orders into a single block order and subsequently breaking it down into smaller electronic orders, Drayer’s system ensures efficiency and accuracy in trade execution. Additionally, his system is designed to handle complex allocations and settlements through an allocation middleware interface, seamlessly integrating with order management systems to provide a streamlined clearing process.
Career Highlights
Throughout his career, Gerald B. Drayer has worked with notable companies such as ITG Software Solutions, Inc. and Virtu ITG Software Solutions LLC. His roles in these organizations have allowed him to apply his innovative concepts, significantly contributing to the evolution of trading technologies. His patents encapsulate his commitment to improving financial trading processes and systems.
Collaborations
Drayer has collaborated with various professionals in the industry, including colleagues Ronald D. Lee and Mervin C. Newell. These collaborations have helped refine and enhance his inventions, yielding significant advancements in the field. The synergy developed through these partnerships reflects the collaborative nature of innovation in technology.
Conclusion
Gerald B. Drayer stands out as a pivotal figure in the realm of financial technology innovations. His five patents, focused on trade aggregation systems, highlight his forward-thinking approach and ability to address complex challenges in the trading landscape. As he continues to develop innovative solutions, Drayer's contributions will undoubtedly leave a lasting impact on the financial industry.