Company Filing History:
Years Active: 2022
Title: Walter So - Innovator in General Ledger Processing
Introduction
Walter So is an accomplished inventor based in Parsippany, NJ (US). He has made significant contributions to the field of computer-implemented systems, particularly in general ledger processing. His innovative approach has led to the development of a unique patent that enhances the efficiency and customization of financial data management.
Latest Patents
Walter So holds a patent for a "System and method for general ledger processing." This invention relates to a scalable, customized approach to general ledger processing. The method includes receiving client requests for customized charts of accounts (COAs) tailored to specific time frames. These COAs incorporate client-specific data along with third-party reference data. The system utilizes a distributed computer architecture, such as Hadoop, to facilitate parallel storage and processing of source information across multiple nodes. It can generate debit and credit postings from the source information, consolidate them into customized COAs, and deliver them to clients according to their preferred schedules, including real-time or near real-time updates. Walter So's patent represents a significant advancement in financial technology.
Career Highlights
Walter So is currently employed at JPMorgan Chase Bank, N.A., where he applies his expertise in financial systems. His work focuses on enhancing the efficiency of general ledger processing, which is crucial for accurate financial reporting and analysis. His innovative contributions have positioned him as a valuable asset within the organization.
Collaborations
Walter has collaborated with notable colleagues, including Matthew Yazdi and Laura Michelle Miller. These partnerships have fostered a collaborative environment that encourages innovation and the sharing of ideas.
Conclusion
Walter So is a pioneering inventor whose work in general ledger processing has the potential to transform financial data management. His patent showcases his commitment to innovation and efficiency in the financial sector.