Software Trading Turret for Simultaneous Voice Control
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Solution Overview
Problem
Existing trading turret systems are costly and limited by the need for external hardware and non-real-time computing systems, which restrict mobility and voice quality in virtualized trading environments, and fail to deliver multiple simultaneous voice conversations effectively.
Innovation Solution
A software-based trading turret system that communicates through a Web server and remote communications device via separate networks, enabling control over multiple lines and simultaneous voice conversations without external media bridges, using SIP and RTP protocols for voice delivery and secure HTTP for data, allowing real-time synchronization of voice and signaling data.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If external hardware media bridges and hard-turrets are used to deliver multiple voice conversations, then voice conversation capability is improved, but system cost and hardware complexity increase
Solution Approach 1:
The patent creates a software-based copy of the hard-turret functionality that runs on general-purpose computers. The soft-turret application replicates all voice conversation capabilities of the hardware device through software, eliminating the need for specialized hardware while maintaining full functionality for handling multiple voice conversations simultaneously
Solution Approach 2:
The patent replaces the mechanical hardware system (media bridges, hard-turrets, dedicated voice devices) with a software-based system. The software application running on standard computers substitutes the physical hardware infrastructure, using virtualized resources to achieve the same voice conversation delivery without external hardware dependencies
2Productivity
If dedicated hard-turrets with multiple handsets and speakers are deployed, then simultaneous voice conversations are enabled, but trader mobility and remote access are restricted
Solution Approach 1:
The patent transforms the static, location-bound hard-turret into a dynamic soft-turret that can move with the trader across different locations and devices. The software application can be accessed on multiple computers and mobile devices, allowing traders to maintain voice conversation capabilities while moving between trading floors, offices, or working remotely
Solution Approach 2:
The soft-turret application provides universal access to voice conversation functionality across multiple platforms and devices. Instead of requiring a dedicated hardware device at a fixed location, the same voice capabilities are available through software on any compatible computer or mobile device, enabling traders to work from anywhere in the organization
3Device complexity
If soft-phone applications are used for voice communication, then hardware cost is reduced, but real-time voice quality and synchronization are compromised
Solution Approach 1:
The patent introduces a dedicated voice delivery component as an intermediary between the soft-turret application and the voice network. This specialized voice delivery module handles real-time audio processing and synchronization, ensuring high-quality voice transmission while the main application runs on standard software infrastructure
Solution Approach 2:
The patent separates the soft-turret application into distinct functional components: the control interface running on standard software, and the voice delivery component handling real-time audio. This segmentation allows the voice-critical functions to be optimized for quality and reliability while the rest of the system benefits from software flexibility and lower hardware requirements
Data Source
AI summary
A communications system including a turret switching system constructed to communicate to a Web server, a turret device, and to a remote communications device via a first communications network, the Web server being constructed to communicate to a client device via a second communications network, and the client device constructed to control switching across a plurality of lines.