Bank of New York Mellon has been granted a patent for a system that enhances communication distribution by minimizing data storage needs while addressing privacy concerns. The system generates customized electronic communications for users, utilizing a novel architecture that avoids permanent storage of sensitive data prior to distribution. GlobalData’s report on Bank of New York Mellon gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
According to GlobalData’s company profile on Bank of New York Mellon, Corrosion resistant battery packaging was a key innovation area identified from patents. Bank of New York Mellon's grant share as of July 2024 was 88%. Grant share is based on the ratio of number of grants to total number of patents.
System for customized electronic communication with data storage efficiency
The granted patent US12056118B2 outlines a system and method for generating electronic communications that feature consistent data structuring and dynamically-determined data content. This innovation is particularly designed for environments with data storage constraints, allowing for tailored communications to multiple end users. The system comprises memory for storing various data sources and application programming interfaces (APIs), along with control circuitry that facilitates the selection and integration of components into a communication set. The process involves receiving multiple selections that define the characteristics of data structure and content, determining thresholds for these characteristics, and populating communications with user-specific data sourced from corresponding data repositories. The communications are then transmitted to the respective end users, ensuring that the data is displayed according to the defined structure.
Additionally, the patent details a non-transitory computer-readable medium that encompasses instructions for executing the aforementioned operations. This includes the ability to receive selections that define both data structure and content characteristics, as well as the capability to compare and apply these characteristics based on predetermined thresholds. The method also allows for the retrieval of components and APIs from libraries, ensuring that each communication is structured in a way that is visually coherent and functionally effective. The system's design emphasizes flexibility and adaptability, enabling the generation of personalized communications that meet the specific needs of each end user while adhering to the constraints of the data environment.
To know more about GlobalData’s detailed insights on Bank of New York Mellon, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
