Company Filing History:
Years Active: 2000-2001
Title: Innovations by John G Hawkins
Introduction
John G Hawkins is an accomplished inventor based in Westfield, NJ (US). He has made significant contributions to the field of financial technology, holding two patents that enhance the efficiency and security of financial transactions. His work focuses on improving the processes involved in trading securities electronically and ensuring accurate confirmations and settlements.
Latest Patents
One of Hawkins' latest patents is titled "Method and system for confirmation and settlement for financial transactions matching." This invention, known as the Crossmar Matching Service (CMS), provides a method and system for matching order routing of securities and other instrument types. It also addresses the matching of transaction information during the confirmation and settlement phase. The functions of this invention occur on the post-execution side of the value chain, including matching financials, delivery instructions, and confirming those deliveries and instructions.
Another notable patent by Hawkins is the "Method and apparatus for trading securities electronically." This system, known as the Broker to Broker Matching Electronic Trading Confirmation system, confirms and settles trade orders placed between brokers from various regions of the world. It automatically matches the originating broker's orders with the executing broker's confirmations, generates and sends settlement instructions to the corresponding clearing agents, and allows those agents to monitor orders before execution. This innovation minimizes risk and improves settlement rates.
Career Highlights
Hawkins has established himself as a key figure in the financial technology sector through his innovative solutions. His work at Crossmar, Inc. has positioned him at the forefront of advancements in electronic trading and transaction settlement. His patents reflect a deep understanding of the complexities involved in financial transactions and a commitment to enhancing their reliability.
Collaborations
Hawkins has collaborated with notable colleagues, including Dave M Jacobs and Rick Fitzpatrick. These partnerships have contributed to the development and refinement of his innovative systems, furthering the impact of his work in the industry.
Conclusion
John G Hawkins is a prominent inventor whose contributions to financial technology have significantly improved the processes of trading and transaction settlement. His patents demonstrate a commitment to innovation and a deep understanding of the financial landscape. His work continues to influence the industry and pave the way for future advancements.