This inventor holds 1 USPTO granted patent. Top assignee: Fmr Corp.. Active years: 2011.
Company Filing History:
Years Active: 2011
Title: Kirk Cleathero: Innovator in Data Processing for Exchange Traded Funds
Introduction
Kirk Cleathero is a notable inventor based in Norton, MA (US). He has made significant contributions to the field of finance through his innovative patent related to data processing for exchange traded funds. His work has implications for the efficiency and accuracy of financial transactions.
Latest Patents
Kirk Cleathero holds a patent for a system that enhances the accounting processes of exchange traded funds. The patent, titled "Data processing for an exchange traded fund," describes an accounting system that allows for the posting of transactions to a general ledger. This system includes a computer-assisted process that nets subscription and redemption orders over a specific time frame, such as one day. It records the transfer of securities into or out of the fund based on the net of these orders, thereby streamlining the accounting process.
Career Highlights
Kirk Cleathero is currently employed at FMR Corp., a leading financial services firm. His role involves leveraging his expertise in data processing to improve financial systems and operations. His innovative approach has contributed to the advancement of accounting practices within the company.
Collaborations
Kirk has worked alongside notable colleagues, including Ronald Baldassini and Paul M Murphy. Their collaborative efforts have fostered an environment of innovation and excellence in their respective fields.
Conclusion
Kirk Cleathero's contributions to data processing for exchange traded funds exemplify the impact of innovation in the financial sector. His patent and work at FMR Corp. highlight the importance of efficient accounting systems in modern finance.