This inventor holds 4 USPTO granted patents. Top assignee: Fmr Corp.. Active years: 2013-2018.
Company Filing History:
Years Active: 2013-2018
Title: The Innovative Contributions of Robert C. Toole
Introduction
Robert C. Toole is a notable inventor based in Hingham, MA, who has made significant contributions to the field of financial technology. With a total of 4 patents to his name, Toole has developed innovative methods that enhance trading processes and improve user experience in financial transactions.
Latest Patents
Among his latest patents, Toole has introduced "Methods and systems for expedited trading account funding." This computer-implemented method allows users to open an expedited account for trading without prior account setup. The method evaluates various factors, including the user's creditworthiness, source of capital, and the type of financial instrument involved. It enables users to trade up to the amount of funds advanced based on these assessments.
Another significant patent is "Risk adjusted, multifactor authentication." This method enhances security by adjusting authentication standards based on the identified risk level associated with the user. It involves determining values for authentication factors, applying weights to these values, and comparing them to an adjusted standard to authorize access to resources.
Career Highlights
Toole is currently employed at FMR Corp., where he continues to innovate in the financial technology sector. His work focuses on developing systems that streamline trading processes and enhance security measures for users.
Collaborations
Toole has collaborated with notable colleagues, including Hadley Rupert Stern and Seth Warren Brooks, contributing to a dynamic work environment that fosters innovation and creativity.
Conclusion
Robert C. Toole's contributions to financial technology through his patents demonstrate his commitment to improving trading systems and user security. His innovative methods are paving the way for advancements in the industry, making him a significant figure in the realm of inventors.