Financial Product Differentiation Using Patents – A Canadian Example (Part 2)

As I mentioned in my previous post, quant and TOBAM funder Yves Choueifaty's journey towards securing a Canadian patent for his process of constructing "anti-benchmark" securities portfolios has not been easy.

But first, a quick detour. Many companies have secured Canadian financial system patents. For example:

• TD-Bank: 36 patents in block chain, machine learning, recommendations, transaction processing;
• TSX (Toronto Stock Exchange) Inc.: 8 patents in latency tolerance and failover management;
• Accenture: hundreds of patents in systems that provide futures order throttling and order notification;
• JPMorgan Chase: 6 patents in settlement systems and stored value cards;