Sunday, May 30, 2010

Patent awarded

The United State Patent and Trademark Office recently awarded me and my co-inventors a patent on quantifying the output of credit research systems. The work was done when I worked at the Bank of America and all the co-inventors are my former colleagues/bosses at the Bank. Since all intellectual property filed on behalf of the Bank belongs to it (and rightfully so) , BoFA will hold all legal and financial rights to the patent. The invention would seem too late and too little given the magnitude of the global financial crisis that we witnessed , however I am glad that I could put probability and statistics to good use here.


garry said...

congratulations kaka

Vinay Deshmukh said...

Thanks, Gaurav.
How is it going at IIT ?