Company Filing History:
Years Active: 1986-2013
Title: Jay Goldman: Innovator in Financial Reconciliation Technologies
Introduction
Jay Goldman is a notable inventor based in Wellesley, MA, with a focus on financial reconciliation technologies. He holds three patents that showcase his innovative contributions to the field of finance. His work primarily revolves around systems and methods that enhance the accuracy and efficiency of financial record reconciliation.
Latest Patents
Goldman's latest patents include a "System and method for reconciling financial records by matching outstanding trade orders to unmatched transactions." This invention addresses the challenges faced in financial account reconciliation, particularly for investments that are not reported as trades. By utilizing a computer system, it matches these investments to unmatched transactions, thereby preventing discrepancies in the portfolio account system. Another significant patent is the "System and method for reconciling financial records," which categorizes breaks in financial records based on user-defined rules. This allows for the prioritization of more critical issues and enables automatic acceptance of values from custodian systems, streamlining the reconciliation process.
Career Highlights
Throughout his career, Jay Goldman has worked with prominent companies such as Vestmark, Inc. and Prime Computer Inc. His experience in these organizations has contributed to his expertise in developing innovative financial solutions.
Collaborations
Goldman has collaborated with notable professionals in the industry, including Heeren H Pathak and John Artz. These collaborations have likely enriched his work and led to advancements in financial technology.
Conclusion
Jay Goldman is a distinguished inventor whose patents have significantly impacted financial reconciliation processes. His innovative systems and methods continue to enhance the accuracy and efficiency of financial record management.