US Patent Issued to Goldman Sachs & Co. on June 17 for "Task allocation across processing units of a distributed system" (New Jersey Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,345, issued on June 17, was assigned to Goldman Sachs & Co. LLC (New York).

"Task allocation across processing units of a distributed system" was invented by Dhushyanth Ramasamy (Plainsboro, N.J.) and Richard Tarling (Hoboken, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An organization's distributed data storage and processing system produces an enormous volume of source data (such as log files or other statistics). The organization uses a data item processing system to process the source data in prioritized chunks, and to further assign the data items within the chunks to different processing units based on estimates of processing completio...