Company Filing History:
Years Active: 2022
Title: Ravindra R Deoray: Innovator in General Ledger Processing
Introduction
Ravindra R Deoray is a notable inventor based in Bridgewater, NJ (US). He has made significant contributions to the field of financial technology, particularly in the area of general ledger processing. His innovative approach has led to the development of a unique system that enhances the efficiency and customization of financial data management.
Latest Patents
Ravindra holds a patent for a "System and method for general ledger processing." This invention relates to a computer-implemented system designed for scalable and customized general ledger processing. The method includes receiving client requests for customized charts of accounts (COAs) tailored to specific time frames. These COAs incorporate client-specific data along with third-party reference data. The system is capable of automatically receiving source information, including position data and transaction data, from multiple sources. It utilizes a distributed computer architecture, such as Hadoop, for parallel storage and processing of the source information across various nodes. The system can generate debit and credit postings from the source information, consolidate these postings into the customized COAs, and deliver them to clients according to their preferred schedules, including real-time or near real-time delivery.
Career Highlights
Ravindra is currently employed at JPMorgan Chase Bank, N.A., where he applies his expertise in financial technology to develop innovative solutions. His work has been instrumental in improving the efficiency of financial processes within the organization.
Collaborations
Ravindra collaborates with talented professionals such as Matthew Yazdi and Laura Michelle Miller. Their combined efforts contribute to the advancement of financial technology and the development of innovative solutions in the industry.
Conclusion
Ravindra R Deoray is a distinguished inventor whose work in general ledger processing has made a significant impact on financial technology. His innovative system enhances the customization and efficiency of financial data management, showcasing his commitment to advancing the field.