US Patent Issued to The Toronto-Dominion Bank on March 17 for "System and method for processing hierarchical data" (Canadian Inventors)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,129, issued on March 17, was assigned to The Toronto-Dominion Bank (Toronto).

"System and method for processing hierarchical data" was invented by Christiaan Veerman (Toronto), Steven Bodnar (Toronto), Thomas Herren (Toronto), Norma Cabildo Valles (Whitby, Canada) and Arash Kayedpour (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method are provided for processing hierarchical data. The method includes receiving a first set of data from a plurality of sources, each source providing data records for entities in an organizational hierarchy processing the first set of data to generate a preliminary data file for the entities by c...