James R Persico

Title: James R. Persico: Innovator in Collateral Risk Monitoring

Introduction

James R. Persico is a notable inventor based in Stanford, CT (US). He has made significant contributions to the field of financial technology, particularly in the area of collateral risk monitoring. His innovative approach has led to the development of a patent that addresses critical aspects of financial management.

Latest Patents

James R. Persico holds a patent titled "Methods and Apparatus for Collateral Risk Monitoring." This patent describes methods and apparatus for monitoring collateral risk. In one embodiment, the method includes monitoring various financial elements such as accounts receivable, accounts payable, inventory, trading partners, chart of accounts, invoices, and payments of a client. This is achieved using a process management and workflow system coupled to a data repository. Specifically, the method involves receiving financial information, extracting data from it, evaluating current collateral information based on the data, and assessing the current credit status. He has 1 patent to his name.

Career Highlights

James R. Persico is associated with GE Capital Commercial Finance, Inc., where he applies his expertise in financial technology. His work focuses on enhancing the efficiency and accuracy of collateral risk monitoring processes.

Collaborations

Throughout his career, James has collaborated with notable professionals, including William David Smith, II and Walter Vincent Dixon, III. These collaborations have contributed to the advancement of innovative solutions in the financial sector.

Conclusion

James R. Persico's contributions to collateral risk monitoring exemplify the impact of innovation in financial technology. His patent and work at GE Capital Commercial Finance, Inc. highlight his commitment to improving financial management practices.