BGC Partners has been granted a patent for a subscription management system that provides real-time subscription data to clients’ devices. The system uses a UI message framework to efficiently transmit data, reducing message size and frequency. GlobalData’s report on BGC Partners gives a 360-degree view of the company including its patenting strategy. Buy the report here.

According to GlobalData’s company profile on BGC Partners, Retail trading platforms was a key innovation area identified from patents. BGC Partners's grant share as of May 2024 was 31%. Grant share is based on the ratio of number of grants to total number of patents.

Real-time subscription data dissemination system

Source: United States Patent and Trademark Office (USPTO). Credit: BGC Partners Inc

A recently granted patent (Publication Number: US11949757B2) discloses a subscription management system that involves a processor controlling various functions. These functions include receiving subscribe requests from client devices, generating server subscription arrays based on these requests, creating subject message threads, generating thread-safe messages, and transmitting UI messages to display client view arrays. The system allows for modifications to client subscriptions, updating server subscription arrays, determining notify view arrays, and filtering based on specific criteria. The system also involves the use of web-socket connections for communication with client devices.

Furthermore, the patent describes a method for subscription management controlled by a processor, involving similar functions as the subscription management system. This method includes receiving subscribe requests, updating server subscription arrays, determining notify view arrays, and storing object values in a data structure. The method also allows for modifications to client subscriptions, filtering notify view arrays, and utilizing web-socket connections for communication. Additionally, the patent covers a non-transitory storage medium configured to store instructions for executing the subscription management method. This patent showcases an innovative system and method for efficiently managing subscriptions and displaying relevant information to clients through UI messages.

To know more about GlobalData’s detailed insights on BGC Partners, 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

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.