Location History:
- Tucson, AZ (US) (1983)
- Clarksburg, MD (US) (2009 - 2013)
- Arlington, VA (US) (2012 - 2014)
Company Filing History:
6 out of 17 
1 out of 2 
1 out of 832,718 Years Active: 1983-2014
Title: The Innovations of Robert N Hyland
Introduction
Robert N Hyland, an inventive mind based in Arlington, VA, has made significant contributions to the field of finance through his innovative ideas and inventions. With a total of 8 patents to his name, Hyland has established himself as a notable inventor in the management of custodial deposit accounts.
Latest Patents
His latest patent outlines a comprehensive method, system, and computer program product for managing aggregate funds held in custodial deposit accounts by a custodial agent on behalf of multiple individuals. This invention introduces a structure comprising an omnibus transaction account (Omnibus TA) and an omnibus money market deposit account (Omnibus MMDA). Furthermore, an individual transaction account (Individual TA) and individual money market deposit account (Individual MMDA) are kept for each individual on the records of the custodial agent. This arrangement represents the funds deposited in both Omnibus TA and Omnibus MMDA. The invention also establishes specific limitations on fund transfers, managed through daily allocation of the funds in Individual TAs and Individual MMDAs.
Career Highlights
Throughout his career, Robert N Hyland has made noteworthy strides in the finance sector, holding various positions at prominent companies such as Promontory Interfinancial Network, LLC, where he developed his inventive concepts. His work has often focused on improving financial mechanisms and simplifying fund management through innovative technological solutions.
Collaborations
During his journey, Hyland has collaborated with talented professionals like Douglas E Phillips and Anthony R Carlino. These partnerships have likely contributed to the development and refinement of his groundbreaking ideas, further enhancing the impact of his innovations in the industry.
Conclusion
Robert N Hyland’s contributions to the management of custodial deposit accounts showcase the impact that inventors can have on the financial sector. With his impressive portfolio of patents and collaborations, Hyland continues to pave the way for innovations that optimize financial processes, benefiting institutions and individuals alike.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.