Ften Assigned Patent

Ften, Inc., New York, NY, has been assigned a patent (10,482,534) developed by Crowley, Brian, Oyster Bay, NY, Bannert-Thurner, Valerie, Winchester, Great Britain, and Timmes, Jason, Wheat Ridge, CO, for “method and system for aggregating and managing data from disparate sources in consolidated storage.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: ”Non-limiting example embodiments include methods and systems for acquiring private financial data from multiple disparate sources. The private financial data is normalized, aggregated, preferably enhanced, and stored in secure storage. Entitled entities may retrieve selected private financial data from that secure storage efficiently, flexibility, and rapidly. Examples of financial private data include non-liquidity destination related sources of private data as well as liquidity destination related sources. A non-limiting example of a computer-implemented, consolidated, private financial data service is based on a secure, permission-based, aggregated and consolidated data cloud, which enables provision/distribution to one or more authorized parties with legitimate interests selected portions of the consolidated, private financial data.”

The patent application was filed on November 16, 2018 (16/193,026).