US Patent Issued to BlackRock Finance on July 14 for "Systems and methods for risk simulation based transaction routing" (New York Inventors)

ALEXANDRIA, Va., July 14 -- United States Patent no. 12,683,868, issued on July 14, was assigned to BlackRock Finance Inc. (New York).

"Systems and methods for risk simulation based transaction routing" was invented by Thomas Booker (New York), Misha Van Beek (New York), Bingxu Chen (New York) and David Greenberg (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "Embodiments described herein further provide a routing server for routing incoming transaction requests based on a stochastic simulation of future risk level, e.g., demand flows such as required network resource, and/or the like."

The patent was filed on Oct. 9, 2024, under Application No. 18/911,039.

*For further information, including imag...