Company Filing History:
Years Active: 2012-2013
Title: Innovations by Laura S Melman
Introduction
Laura S Melman is a notable inventor based in Springfield, NJ (US), recognized for her contributions to the field of financial technology. She holds a total of four patents, showcasing her innovative approach to securitizing commodities and currencies. Her work has significant implications for the trading and investment sectors.
Latest Patents
One of her latest patents is titled "Systems and methods for securitizing a commodity." This invention outlines a method for creating trust shares in a physical commodity, which are tradable over an electronic communications network. The process involves receiving a creation order, confirming the delivery of the physical commodity into a trust account, and subsequently releasing the requested trust shares based on the amount delivered. Another significant patent is "Method and system for securitizing a currency related commodity." This patent describes systems and methods for providing a tradable instrument by securitizing foreign currency using a foreign currency trust. The trust is established to hold specific foreign currencies and issue corresponding trust shares or receipts, which can be traded on a trading system.
Career Highlights
Laura S Melman is currently employed at The Bank of New York Mellon Corporation, where she applies her expertise in financial innovations. Her work at the bank has allowed her to develop and implement groundbreaking methods that enhance the trading of commodities and currencies.
Collaborations
One of her notable coworkers is Jonathan S Spirgel, with whom she collaborates on various projects within the bank. Their combined efforts contribute to the advancement of financial technologies and innovative solutions in the industry.
Conclusion
Laura S Melman is a pioneering inventor whose work in securitizing commodities and currencies has made a significant impact on the financial sector. Her patents reflect her commitment to innovation and her ability to create practical solutions for modern trading challenges.