Bank of Montreal Assigned Two Patents

Storage and processing with identity management
Bank of Montreal, Toronto, CA, has been assigned a patent (11,372,992) developed by Mikhailov, Iouri, Aurora, CA, and Wan, Ching Leong, Toronto, CA, for “system, methods, and devices for data storage and processing with identity management.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: “Embodiments relate to data storage systems and data processing systems using a data hub, connector grid, and channel services. The systems can extract raw data from a plurality of source systems, and load and store the raw data at a data hub implemented by a non-transient data store. The systems can receive request to generate data for consumption and, in response, transmit generates data sets to channel services. The system can implement event detection and logging. The system can implement policy enforcement and identity management with access controls.”

The patent application was filed on July 19, 2019 (16/517,327).

Secure storage and retrieval of trade data
Bank of Montreal, Toronto, CA, has been assigned a patent (11,366,841) developed by Ding, Jian, Toronto, CA, for “systems and methods for secure storage and retrieval of trade data.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: “Disclosed herein are embodiments of systems, methods, and products comprising a data power server for secure storage and retrieval of trade data. The server receives a request from a user to review or confirm one or more trade documents via a webserver. The server communicates with a connector grid server to retrieve the user’s accessible documents. The connector grid server determines the electronic file IDs that are accessible to the user based on the accessibility policy. The server instructs a digital library server to download the electronic files containing the requested trade data. The digital library server retrieves and downloads the electronic files based on the file IDs. The webserver renders a GUI displaying the electronic files on an electronic client device operated by the user. Upon receiving the confirmation response from the user, the server instructs the digital library server to update the trade status.”

The patent application was filed on February 14, 2020 (16/791,828).