Chicago Mercantile Exchange Assigned Patent

Chicago Mercantile Exchange Inc., Chicago, IL, has been assigned a patent (11,218,560) developed by Sharaby, Fateen, Fort Lee, NJ, Datla, Sriram A. Raju, Bawadhankar, Dhiraj Subhash, Naperville, IL, Redfield, John Charles, Brooklyn, NY, and Lee, Justin Yeong-Juin, Chicago, IL, for an “adaptive compression of stored data.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: “Systems, devices and methods for adaptive compression of stored information includes a memory management computing device programmed to monitor a size of a plurality of data structures stored in a data repository. The computing device compares the size of each of a plurality of data structures to a predetermined threshold. When a size of an uncompressed data structure meets the threshold, the memory management computing device calculates a value of a first compression parameter based on a value of a first parameter and a value of a second parameter of each data element of the uncompressed data structure, calculates a value of a second compression parameter based the value of the first parameter of each data element of the uncompressed data structure, generates a compressed data structure based on the value of the first compression parameter and the second compression parameter, and replaces, in the data repository, the uncompressed data structure with the compressed data structure.”

The patent application was filed on March 22, 2021 (17/207,881).