Graphics Technology for Financial Transactions Available for Sale at Upcoming ICAP Patent Brokerage Fall 2011 Live IP Auction November 17th in San Francisco
SAN FRANCISCO, Oct. 24, 2011 /PRNewswire/ — ICAP Patent Brokerage, the global leader in intellectual property brokerage and a division of ICAP plc, the world’s premier interdealer broker, and ICAP Ocean Tomo Auctions, are offering for sale technology related to graphical representations of financial transactions at its upcoming Summit on Patent Monetization and Live IP Auction November 16th & 17th in San Francisco. The Lot is owned by Paul F. Helmering and includes 1 US patent and 1 US application.
The featured technology, listed as Lot 10 in the online auction catalog, can be viewed at www.icappatentbrokerage.com/forsale. The portfolio provides a technique for generating visual/graphical representations of financial transactions or other complex data. The main example presented in the lot is an improved graphical picture of an accounting system, specifically a representation of the flow of financial transactions through financial accounts or the flow of money between accounts. This system also provides a technique for searching data within the picture. This kind of representation assists in tracking abnormal cash flow patterns, identifying redundancies and inconsistencies, and providing graphical auditing and information control. This technology can have a strong impact in companies that do auditing, financial management, accounting system setup and design, SOX compliance verification, or fraud detection services.
Forward citing companies include Citibank Inc., PayPal Inc., Standard Chartered (CT) PLC, Fannie Mae, International Business Machines Corp., and Financial Technologies International Inc.
Dean Becker, ICAP Patent Brokerage and ICAP Ocean Tomo Auctions CEO, commented, “Our Fall 2011 Auction will be our biggest yet, featuring more than 140 lots. Technology, like that disclosed by this lot, represents some of the best innovation in the industry. We are very excited to be able to offer this to the worldwide market.”
Register for the Summit on Patent Monetization
ICAP Patent Brokerage’s Summit on Patent Monetization, the annual gathering of the leading participants in the patent monetization ecosystem, will take place before the Live Auction at The Ritz Carlton, San Francisco on November 16th & 17th.
Join the leading voices in the patent community as we discuss monetization and enforcement, and debate the legal, legislative, and economic influences shaping the patent industry. The Conference includes a planned collaboration session focusing on standardization of patent sale agreements, as well as smaller group sessions built around some of the key challenges facing the partners in the ecosystem: enforcement and litigation, patent quality, patent protection, pooling and other blocking strategies, among others.
The Conference provides unparalleled networking opportunities and access for established industry players and newcomers alike. Get to know your partners, peers, and competition. Join ICAP Patent Brokerage for this engaging, enlightening, and innovative two-day session. Register today for only $395.
Please contact Dean Becker, CEO of ICAP Patent Brokerage, at Dean.Becker@us.icap.com for more information.
About ICAP Patent Brokerage
ICAP Patent Brokerage is a division of ICAP plc and the world’s largest intellectual property brokerage and patent auction firm.
ICAP is the world’s premier interdealer broker and provider of post trade services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, foreign exchange, emerging markets, equities and equity derivatives through voice and electronic networks. ICAP plc was added to the FTSE 100 Index on 30 June 2006. For more information, go to www.icap.com.
SOURCE ICAP Patent Brokerage