US Patent Issued to JPMorgan Chase Bank on July 28 for "Method and system for managing parallel processing for allocations" (California, New York, New Jersey Inventors)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,694,452, issued on July 28, was assigned to JPMorgan Chase Bank N.A. (New York).

"Method and system for managing parallel processing for allocations" was invented by Moises Hernandez Fernandez (San Jose, Calif.), Grant Chang (Fresh Meadows, N.Y.), Leonard Eun (Lafayette, Calif.), Amit Varshney (Fremont, Calif.), Shuo Chen (New York), Xiaotao Wu (West Windsor, N.J.), Georgiy Zhikharev (Englewood cliffs, N.J.) and Rafael Forte (Hillsdale, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Aspects of the subject disclosure may include, for example, segregating unique combinations for a portfolio of items into partitions; routing the partitions to an optim...