Robert S Mancini

Title: The Innovative Mind of Robert S. Mancini

Introduction

Robert S. Mancini is an accomplished inventor based in Bedford, NY (US). He has made significant contributions to the field of online transaction management through his innovative patent. His work focuses on enhancing the security and efficiency of online sales, which is increasingly vital in today's digital economy.

Latest Patents

Mancini holds a patent for an "Online sales risk management system." This invention is a computer-implemented method designed to provide risk management for online transactions. The system allows for the entry of an exchange price for a foreign currency relative to a base currency into a host computer. The host computer receives data describing transactions involving the foreign currency that occurred within a predetermined time period, including transaction amounts. The currency is exchanged according to the entered price and the transaction amounts. Mancini's invention calculates risk exposure based on the aggregate amount of currency involved in transactions during the predetermined time period, utilizing market data related to the price of the foreign currency. This system can capture each transaction amount related to sales occurring on e-commerce sites, ensuring that currency is automatically exchanged at the entered price for the local currency.

Career Highlights

Robert S. Mancini is associated with Goldman Sachs & Company, where he applies his expertise in financial technology and risk management. His role at such a prestigious firm underscores his capabilities and the value of his innovations in the financial sector.

Collaborations

Mancini has worked alongside notable colleagues, including Daniel Rothman and Mark Higgins. Their collaboration likely enhances the innovative environment in which they operate, fostering the development of cutting-edge solutions in finance and technology.

Conclusion

Robert S. Mancini exemplifies the spirit of innovation in the realm of online transaction management. His patent for an online sales risk management system showcases his commitment to improving the security and efficiency of e-commerce. Through his work at Goldman Sachs & Company, he continues to influence the financial technology landscape.