Company Filing History:
Years Active: 2012-2013
Title: Innovations by John Artz
Introduction
John Artz is an accomplished inventor based in Woburn, MA, known for his contributions to financial technology. He holds two patents that focus on improving financial account reconciliation processes. His work aims to streamline the matching of outstanding trade orders to unmatched transactions, enhancing the efficiency of financial record management.
Latest Patents
John Artz's latest patents include a "System and method for reconciling financial records by matching outstanding trade orders to unmatched transactions." This innovative system utilizes a computer to electrically match investments that are not reported as trades to unmatched transactions within a portfolio account system. This approach prevents breaks in the portfolio account system, ensuring a more accurate financial overview. Another significant patent is the "System and method for reconciling financial records," which categorizes breaks in financial records based on user-defined rules. This system allows for the automatic acceptance of values from a custodian system and enables the correction of certain transaction differences, thereby updating the financial account reconciliation system efficiently.
Career Highlights
John Artz is currently employed at Vestmark, Inc., where he applies his expertise in financial technology to develop innovative solutions. His work has significantly impacted the way financial records are reconciled, making processes more efficient and reliable.
Collaborations
John has collaborated with notable colleagues, including Heeren H Pathak and Jay Goldman, contributing to the advancement of financial technology through teamwork and shared expertise.
Conclusion
John Artz's innovative patents and contributions to financial technology demonstrate his commitment to improving financial record management. His work continues to influence the industry positively, showcasing the importance of innovation in finance.