TIMOTHY T HANIFIN
Accountancy in Wayland, MA

License number
Massachusetts 9023
Issued Date
Jul 9, 1985
Expiration Date
Jun 30, 2017
Type
Certified Public Accountant
Address
Address
Wayland, MA 01778

Professional information

Timothy Hanifin Photo 1

Data Processing For An Exchange Traded Fund

US Patent:
2006010, May 11, 2006
Filed:
Sep 21, 2005
Appl. No.:
11/232571
Inventors:
Ronald Baldassini - Braintree MA, US
Paul Murphy - Boston MA, US
Kirk Cleathero - Norton MA, US
Ian Johnson - Westborough MA, US
Chip Russo - Northborough MA, US
Timothy Hanifin - Wayland MA, US
Gail Knudsen - Norwell MA, US
James Boucher - Stow MA, US
International Classification:
G06Q 40/00
US Classification:
705037000, 705035000
Abstract:
An accounting system allows posting transactions to a general ledger of an Exchange Traded Fund. The accounting system includes a computer-assisted process that nets subscription and redemption orders that occurred over a particular time (e.g., one day) and records a transfer of securities into or out of the fund based on the net of the subscription and redemption orders.