Article: Patent No. 7,529,703 Issued on May 5, Assigned to Citigroup Global Markets for Automated Artificial Neural Networks Implementation System (New York, New Jersey Inventors)

ALEXANDRIA, Va., July 29 -- Terry L. Benzschawel and Chi Dzeng, both of New York, and Gregory A. Berman of Highland Park, N.J., have developed a system for devising and implementing automated artificial neural networks. The inventors were issued U.S. Patent No. 7,529,703 on May 5.

The patent has been assigned to Citigroup Global Markets Inc., New York.

According to the abstract released by the U.S. Patent & Trademark Office: "The present invention relates to methods and systems for devising and implementing automated artificial neural networks to predict market performance and direction movements of the U.S. Treasury market, mortgage option-adjusted spreads, ...

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