US Patent Issued to ICE Data Pricing & Reference Data on Aug. 25 for "Data conversion and distribution systems for dynamically updating model results" (Massachusetts Inventor)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,717,757, issued on Aug. 25, was assigned to ICE Data Pricing & Reference Data LLC (Bedford, Mass.).

"Data conversion and distribution systems for dynamically updating model results" was invented by Robert Naja Haddad (Acton, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for improved data conversion and distribution are provided. A data subscription unit is configured to receive data and information from a plurality of data source devices. The data subscription unit is in communication with a virtual machine that includes backtesting utility configured to generate backtesting data using one or more statistical models and one or...