Company Filing History:
2 out of 2 
1 out of 832,680 Years Active: 2009-2013
Title: Innovations by J Scott Perry in Financial Technology
Introduction
J Scott Perry, an accomplished inventor based in New York, NY, has made significant contributions to the field of financial technology. With a total of three patents to his name, his innovative ideas are transforming how financial risks are managed, particularly in the realm of swap transactions and agency payments.
Latest Patents
Perry's latest patents include a "Paired Basis Swap Risk and Credit Mitigation System" and a "Collateral Minimization System." The paired basis swap risk mitigation system involves a central authority that forms paired basis swaps with participants to manage risks associated with defaults. The system allows for various actions in the event of a counterparty's default, such as terminating swaps and executing pre-defined payment agreements.
In addition, his agency payment system streamlines transactions among participants covered by a virtual market control entity. This system efficiently nets the payments required to be made each day, ensuring smooth cash movements between participants and the virtual market control entity.
Career Highlights
Throughout his career, J Scott Perry has worked with notable companies, including Vmac, LLC. His educational and professional background has equipped him with the skills required to innovate solutions that enhance financial procedures and reduce risks for market participants.
Collaborations
Perry has collaborated with industry professionals such as Wallace C Turbeville and Paul Theodore Hamilton. These partnerships have likely contributed to the development and refinement of his innovative ideas and patent applications.
Conclusion
J Scott Perry stands out in the financial technology space with his patents that address key challenges in risk management and payment processing. His developments not only reflect his expertise but also signify the potential for innovative solutions that can reshape the future of finance.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.