Company Filing History:
Years Active: 2013-2023
Title: The Innovations of Thomas Farley
Introduction
Thomas Farley is a notable inventor based in New York, NY, with a remarkable portfolio of ten patents. His work primarily focuses on advancements in risk management within trading environments. Farley's innovative contributions have significantly impacted the financial sector, particularly in managing position concentration risks.
Latest Patents
One of Farley's latest patents is titled "Advisory thresholds and alerts for managing position concentration risk." This invention addresses the management of position concentration risk by establishing a threshold level for an aggregate trader position. The aggregate trader position may be linked to multiple customer accounts managed by various clearing firms. The invention aggregates actual parameter values from these accounts to determine an overall parameter value, which is then compared against the established threshold. If the aggregate parameter value meets or exceeds the threshold, an advisory alert is generated automatically. This alert is communicated to authorized entities, enhancing risk management processes.
Career Highlights
Throughout his career, Thomas Farley has worked with prominent companies, including Intercontinental Exchange Holdings, Inc. and Intercontinental Exchange, Inc. His experience in these organizations has allowed him to develop and refine his innovative ideas, contributing to the evolution of risk management strategies in trading.
Collaborations
Farley has collaborated with notable professionals in his field, including Thomas Hammond and Raymond James Cummings. These partnerships have fostered an environment of innovation and have led to the development of impactful solutions in the financial industry.
Conclusion
Thomas Farley's contributions to the field of risk management through his patents and collaborations highlight his significant role as an inventor. His work continues to influence the financial sector, demonstrating the importance of innovation in managing complex trading risks.