This inventor holds 2 USPTO granted patents. Top assignees: Ubs Financial Services Inc., Ubs Painwebber, Inc.. Active years: 2008-2009.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2008-2009
Title: The Innovations of Lawrence P Shields
Introduction
Lawrence P Shields is an accomplished inventor based in New York, NY. He holds 2 patents that showcase his expertise in developing systems for employee stock plans and trade execution. His innovative contributions have made a significant impact in the financial services sector.
Latest Patents
One of his latest patents is titled "System and method for implementing employee stock plans." This invention provides tools for implementing employee stock plans, including stock options, restricted stock awards, and stock purchase plans. The system comprises volatile data storage for participant information, an interface system for participant interaction, a trading system for conducting transactions on a public exchange, a communication system connecting participants, and an updating system for participant information based on their selections and transactions.
Another notable patent is "System and method for execution of trades made pursuant to stock option and purchase plans." This invention offers a system and method for inquiring about option and stock status and processing trades related to stock option and purchase plans. It ensures that participant information is stored and transmitted to a finance system, while enforcing rules for stock options and stock purchase plans. Participants benefit from incentive compensation through a simplified and user-friendly process.
Career Highlights
Lawrence has had a successful career in the financial services industry, working with prominent companies such as UBS Financial Services Inc. and UBS PaineWebber Inc. His experience in these organizations has contributed to his understanding of the complexities involved in employee stock plans and trade execution.
Collaborations
Throughout his career, Lawrence has collaborated with notable professionals, including James Mooney and James Humza. These collaborations have likely enriched his work and contributed to the development of his innovative patents.
Conclusion
Lawrence P Shields is a notable inventor whose contributions to employee stock plans and trade execution systems have made a lasting impact in the financial sector. His patents reflect his commitment to innovation and improving processes for participants in stock plans.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile