US 11,700,124 B2
System and method for implementing market data rights enforcement
Ilya Slavin, Allen, TX (US)
Assigned to JPMorgan Chase Bank, N.A., New York, NY (US)
Filed by JPMorgan Chase Bank, N.A., New York, NY (US)
Filed on Apr. 8, 2022, as Appl. No. 17/658,499.
Application 17/658,499 is a continuation of application No. 16/563,106, filed on Sep. 6, 2019, granted, now 11,336,450.
Prior Publication US 2022/0231850 A1, Jul. 21, 2022
This patent is subject to a terminal disclaimer.
Int. Cl. H04L 9/32 (2006.01); G06Q 30/0201 (2023.01); G06N 20/00 (2019.01)
CPC H04L 9/3213 (2013.01) [G06N 20/00 (2019.01); G06Q 30/0201 (2013.01); H04L 9/3247 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A system that implements market data entitlements controls, the system comprising:
a memory component configured to generate, store and manage one or more tokens and one or more associated Access Tickets; and
a computer processor of a distributed network, coupled to the memory component and a client application, the computer processor configured to perform the steps of:
identifying, via the client application, a token, wherein the token is a cryptographically signed description that includes at least one from among entitlements, rights, and obligations a requesting user has for one or more data sources, the token comprises a count of positions and a predetermined expiration;
generating a set of Access Tickets based on the token, wherein each Access Ticket is associated with a position, wherein the position represents at least one instance of a process that accesses market data; and
using an Access Ticket to retrieve associated market data pursuant to a corresponding set of rights and obligations.