This inventor holds 4 USPTO granted patents and 6 published patent applications. Top assignee: Xero Limited. Active years: 2023-2026.
Company Filing History:
Years Active: 2023-2026
Title: Innovations by Niklas Patrick Pechan
Introduction
Niklas Patrick Pechan is an accomplished inventor based in Wellington, New Zealand. He has made significant contributions to the field of transaction data processing, holding a total of 4 patents. His work focuses on enhancing financial record management through innovative systems and methods.
Latest Patents
One of his latest patents involves transaction data processing systems and methods. This invention describes embodiments that relate to determining a candidate financial record associated with a transaction between a first accounting entity and a second entity. The process includes determining, using a numerical representation generation model, a numerical representation of the candidate financial record. This model has been trained on a corpus generated from historical transaction records. Furthermore, the method provides the numerical representation to a transaction attribute prediction model, which has been trained using a dataset of previously reconciled financial records. This model then determines at least one first transaction attribute associated with the candidate financial record.
Career Highlights
Niklas is currently employed at Xero Limited, a company known for its innovative accounting software solutions. His work at Xero has allowed him to apply his expertise in transaction data processing, contributing to the development of advanced financial technologies.
Collaborations
Niklas has collaborated with talented coworkers, including Delia Rusu and Fubiao Qin. Their combined efforts have fostered a creative environment that encourages innovation and the development of cutting-edge solutions in the financial sector.
Conclusion
Niklas Patrick Pechan is a notable inventor whose work in transaction data processing has led to significant advancements in financial record management. His contributions continue to shape the future of accounting technology.