Company Filing History:
Years Active: 2020-2025
Title: Innovations by Todd Douglas Simmel
Introduction
Todd Douglas Simmel is an accomplished inventor based in Davidson, NC (US). He has made significant contributions to the field of financial technology, particularly in cash management systems. With a total of three patents to his name, Simmel's work reflects a deep understanding of complex financial systems and user needs.
Latest Patents
One of Simmel's latest patents focuses on systems and methods associated with cash pooling. This innovation includes a system with account logic designed to receive user-selected changes and apply them to a pool of multiple accounts. Additionally, the system features settlement logic that calculates balances for the accounts in the pool and identifies settlement options based on these balances. This patent exemplifies Simmel's commitment to enhancing financial operations through innovative technology.
Career Highlights
Todd Douglas Simmel is currently employed at Wells Fargo Bank, N.A., where he applies his expertise in financial systems. His role at such a prominent institution underscores his capabilities and the value he brings to the financial technology sector.
Collaborations
Simmel has worked alongside notable colleagues, including James Christopher Noe and Ken C Kiernan. Their collaborative efforts contribute to the innovative environment at Wells Fargo Bank, N.A.
Conclusion
Todd Douglas Simmel's contributions to the field of financial technology through his patents and work at Wells Fargo Bank, N.A. highlight his role as a significant innovator. His advancements in cash pooling systems demonstrate the impact of his work on improving financial management practices.