Sanjay Rane

Title: Innovations by Sanjay Rane

Introduction

Sanjay Rane is an accomplished inventor based in Marietta, GA (US). He has made significant contributions to the field of electronic trading systems, holding a total of three patents. His work focuses on improving the efficiency and accuracy of trade confirmations in financial markets.

Latest Patents

One of Sanjay Rane's latest patents is an electronic trading confirmation system. This system and method are designed to confirm trades of financial instruments, such as OTC derivatives. The system includes a data interface that accepts trade-related data from both the trader and the counterparty. It incorporates various data fields of differing importance. A matching engine compares the submitted data and assigns a status to the trade based on the matching data fields. Users can filter trades by status and display relevant details. Additionally, the system allows users to modify data fields to change the status of trades. This innovation enables users to electronically confirm trades and identify unmatched trades, providing essential information for reconciliation.

Career Highlights

Sanjay Rane has worked with notable companies in the financial sector, including Intercontinental Exchange Holdings, Inc. and IntercontinentalExchange, Inc. His experience in these organizations has contributed to his expertise in developing advanced trading systems.

Collaborations

Some of his coworkers include Bruce Tupper and Charles Vice, who have collaborated with him on various projects throughout his career.

Conclusion

Sanjay Rane's innovative contributions to electronic trading systems have significantly impacted the financial industry. His patents reflect a commitment to enhancing trade confirmation processes, showcasing his expertise and dedication to innovation.