Company Filing History:
Years Active: 2013
Title: Thomas Fritzsche: Innovator in Commodity Transaction Management
Introduction
Thomas Fritzsche is a notable inventor based in Schwetzingen, Germany. He has made significant contributions to the field of commodity transaction management, holding 2 patents that focus on exposure management and logistics-exposure integration.
Latest Patents
Fritzsche's latest patents include "Enablement of exposure management to handle priced exposure." This invention allows for the updating of a computing system related to commodity transactions through a message that includes a commodity identifier, date term, quantity term, and price term. The price term can reference a formula arrangement for calculating fractional exposure to the commodity on specific dates when events affecting the transaction occur. Each fractional exposure is calculated for each transaction and stored as separate entries in a data structure, which can be updated, queried, and reorganized to generate an exposure position.
Another significant patent is "Logistics-exposure management integration for commodity price risks." Similar to his previous patent, this invention also utilizes a message to update the computing system of a commodity transaction, incorporating the same elements for managing exposure and generating an exposure position.
Career Highlights
Fritzsche is currently employed at SAP AG, a leading software company known for its enterprise resource planning solutions. His work at SAP AG has allowed him to apply his innovative ideas in a practical setting, contributing to advancements in commodity transaction management.
Collaborations
Throughout his career, Thomas Fritzsche has collaborated with notable colleagues, including Klaus Otto Mueller and Stephan Heinz. These collaborations have likely enriched his work and contributed to the development of his patents.
Conclusion
Thomas Fritzsche is a distinguished inventor whose work in commodity transaction management has led to valuable innovations. His patents reflect a deep understanding of the complexities involved in managing commodity exposure, showcasing his expertise in the field.